News And Updates

Author: derryj

06.06.2017

Poneman on Hugh Hewitt Show: Unacceptable for the U.S. to Fall Behind When It Comes to Uranium Enrichment

In an interview with nationally syndicated radio host Hugh Hewitt, Centrus President and CEO Dan Poneman called for a resurgence of U.S. leadership in nuclear energy and for restoring America’s domestic enrichment capability.

Updates & Perspectives

05.09.2017

Centrus Reports First Quarter 2017 Results

BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) today reported net income of $7.6 million or $0.73 per common share (basic) and $0.72 per common share (diluted) for the quarter ended March 31, 2017, compared to a net loss of $14.6 million or $1.60 per basic and diluted share for the first quarter of 2016. The company remains on track to meet its annual guidance for nuclear fuel segment revenue, total revenue, and year-end cash balance.

News Releases

05.03.2017

Centrus to Webcast Conference Call on May 10 at 8:00 a.m. ET

BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, May 10, 2017, at 8:00 a.m. ET. The Company will release its first quarter 2017 earnings report for the period ended March 31, 2017, after the close of markets […]

News Releases

05.01.2017

Centrus Energy Corp. Regains Compliance with NYSE MKT Continued Listing Standards

BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) today reported that it has received notification from the NYSE MKT LLC that the Company has regained compliance with the NYSE MKT’s continued listing standards. “Today’s announcement reflects our focus on shareholder value and the continued progress that we are making,” said Daniel B. Poneman, Centrus’ […]

News Releases

03.28.2017

Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2016

“Centrus had a successful year, exceeding our revenue and cash targets, reducing our debt load, and making significant progress on our major initiatives to become the world's most diversified nuclear fuel supplier,” said Daniel B. Poneman, Centrus president and chief executive officer. “While the price for uranium enrichment is its lowest ever, we believe that the current state of the fuel market presents opportunities for Centrus."

News Releases

03.23.2017

Centrus to Webcast Conference Call on March 29 at 8:30 a.m. ET

BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, March 29, 2017, at 8:30 a.m. ET. The Company will release its year-end earnings report for its fiscal 2016, which ended December 31, 2016, after the close of markets […]

News Releases

02.14.2017

Centrus Energy Corp. Announces Successful Settlement of Its Private Exchange Offer

Tenders received for 87.4% of outstanding notes due in 2019 New notes due in 2027 Deal strengthens the Company’s financial position, reducing the face amount of outstanding long-term debt by 56% BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) (the “Company”) announced the settlement of its previously announced private exchange offer (the “Exchange Offer”) […]

News Releases

02.03.2017

Centrus Energy Corp. Announces Extension of Expiration Date to Its Private Exchange Offer and Solicitation of Consents

BETHESDA, Md. — Centrus Energy Corp. (NYSE MKT: LEU) (the “Company”) announced today an amendment to its previously announced private exchange offer (the “Exchange Offer”) to exchange any and all of the Company’s 8.0% PIK toggle notes due 2019/2024 (the “Outstanding Notes”) for up to (i) $85 million 8.25% senior secured notes due 2027 (the […]

News Releases

02.02.2017

Atlantic Council Global Energy Forum: The Global Future of the Peaceful Use of Nuclear Energy

Centrus CEO Daniel Poneman addressed the future of civilian nuclear power along with industry leaders and government officials from the Czech Republic, France, Japan, South Korea and the United Arab Emirates.

Updates & Perspectives

01.27.2017

Centrus Energy Corp. Announces Extension of Early Tender Deadline to Its Private Exchange Offer and Solicitation of Consents

BETHESDA, Md. — Centrus Energy Corp. (NYSE MKT: LEU) (the “Company”) announced today an amendment to its previously announced private exchange offer (the “Exchange Offer”) to exchange any and all of the Company’s 8.0% PIK toggle notes due 2019/2024 (the “Outstanding Notes”) for up to (i) $85 million 8.25% senior secured notes due 2027 (the […]

News Releases