News And Updates

12.14.2021

Centrus Energy and Clean Core Thorium Energy Advance Work to Develop Next-Generation Fuel for Existing and New Reactors

Bethesda, Md. and Chicago – Centrus Energy Corp President and CEO Daniel B. Poneman today congratulated Clean Core Thorium Energy and Texas A&M on successfully fabricating the first sample pellets of a next-generation nuclear fuel called ANEEL (Advanced Nuclear Energy for Enriched Life). Centrus and Clean Core have been working together under a memorandum of understanding signed earlier this year to promote Clean Core’s advanced nuclear fuel, which will combine thorium with High-Assay, Low-Enriched Uranium (HALEU) produced by Centrus.   

News Releases

05.05.2022

Centrus Reports First Quarter 2022 Results

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) today reported a net loss of $0.4 million for the quarter ended March 31, 2022, compared to net income of $5.1 million for the first quarter of 2021. The net loss allocable to common stockholders in the first quarter of 2022 was $0.4 million, or $0.03 (basic and diluted) per common share.

News Releases

04.29.2022

Centrus to Webcast Conference Call on May 6 at 8:30 a.m. ET

Centrus Energy Corp. will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, May 6, 2022, at 8:30 a.m. ET. The Company will release its first quarter earnings report for 2022, which ended March 31, 2022, after the close of markets on Thursday, May 5.

News Releases

03.10.2022

Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2021

“Building on the momentum from our return to profitability in 2020, we significantly strengthened our financial position in 2021 as we retired all of our outstanding preferred shares, increased our cash balance to $193.8 million, and cut our pension liability by more than $100million,” said Daniel Poneman, Centrus President and Chief Executive Officer. “As we lookahead, we are well-positioned to pioneer the emerging market for HALEU to enable the deployment of the next generation of advanced reactors in the United States and around the world.”

News Releases

03.03.2022

Centrus to Webcast Conference Call on March 11 at 8:30 a.m. ET

BETHESDA, Md., — Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, March 11, 2022, at 8:30 a.m. ET. The Company will release its fourth quarter and full year earnings report for 2021, which ended December 31, 2021, after the close […]

News Releases

12.17.2021

Centrus Announces Redemption of All Outstanding Series B Senior Preferred Stock

“Eliminating the last of our preferred shares is a major milestone in our ongoing effort to strengthen our balance sheet for long-term success,” said Centrus Energy President and CEO Daniel B. Poneman. 

News Releases

11.23.2021

Centrus Announces Final Results of Its Cash Tender Offer to Purchase Its Series B Senior Preferred Stock and Related Consent Solicitation

BETHESDA, MD. -- Centrus Energy Corp. today announced the final results of its tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation to amend the certificate of designation of the Series B Preferred Shares. The Offer and Consent Solicitation expired at 5:00 p.m., Eastern time on Thursday, November 18, 2021.

News Releases

11.18.2021

Centrus Announces Preliminary Results of Its Cash Tender Offer to Purchase Its Series B Senior Preferred Stock and Related Consent Solicitation

Centrus Energy Corp. today announced the preliminary results of its tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation to amend the certificate of designation of the Series B Preferred Shares. The Offer and Consent Solicitation expired at 5:00 p.m., Eastern time on Thursday, November 18, 2021.

News Releases

11.17.2021

Oklo Teams Up with Centrus to Produce U.S.-based Fuel Supply to Support the Commercialization of Advanced Fission

Oklo Inc. and Centrus Energy Corp. have signed a non-binding Letter of Intent to cooperate in the deployment of a High-Assay, Low-Enriched Uranium production facility.  HALEU is an advanced fuel material that can be used to fuel both existing and advanced fission power plants.  Both companies are committed to working toward establishing domestic HALEU production capabilities to support the commercialization of Oklo’s power plants.

News Releases

11.10.2021

Centrus Reports Third Quarter 2021 Results

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) reported net income of $42.1 million for the quarter ended September 30, 2021, compared to net loss of $7.0 million for the third quarter of 2020. The net income allocable to common stockholders in the third quarter of 2021 was $41.4 million, or $3.01 (basic) and $2.95 (diluted) per common share.

News Releases

11.08.2021

Centrus to Webcast Conference Call on November 11 at 8:30 a.m. ET

BETHESDA, Md. – Centrus Energy Corp. will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, November 11, 2021, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2021, which ended September 30, 2021, after the close of markets on Wednesday, November 10.

News Releases