Category: News Releases
05.08.2019
Centrus Reports First Quarter 2019 Results
“Our first quarter results show progress on our path to align our cost-structure with our current business and grow our order book, keeping us on track to return to profitability in 2020,” said Daniel Poneman, Centrus president and chief executive officer. “We expect to continue to see improved results during the year as we fulfill future sales with lower-cost supplies and our reduced operating expenses.”
05.02.2019
Centrus to Webcast Conference Call on May 9 at 8:30 a.m. ET
The conference call will be open to listeners who log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through May 23, 2019.
04.04.2019
Centrus Energy Corp. Approves Extension of Section 382 Rights Agreement
Centrus’ Board of Directors has approved a second amendment to the Company’s Section 382 Rights Agreement designed to preserve Centrus’ substantial tax assets associated with net operating loss carryforwards (NOLs) under Section 382 of the Internal Revenue Code
03.28.2019
Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2018
“Declining prices in the enrichment market were the biggest driver in our losses for the year, but the market has finally begun to turn around and we made a number of important strides that will improve the fundamentals of our business moving forward,” said Daniel B. Poneman, Centrus president and chief executive officer.
03.27.2019
Statement: Bipartisan Nuclear Energy Leadership Act Would Help the U.S. Win the Global Race to Build and Fuel the Reactors of Tomorrow
“This practical, bipartisan legislation would leverage American innovation so that we can lead the way in building and fueling the next generation of advanced reactors here at home and around the world. Reclaiming America’s position as a major supplier of commercial nuclear technologies through the deployment of advanced reactors and fuel would create high-wage, clean energy jobs while supporting our energy security and nonproliferation efforts."
03.25.2019
Centrus to Webcast Conference Call on March 29 at 8:30 a.m. ET
The conference call will be open to listeners who log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through April 12, 2019.
11.29.2018
X-energy and Centrus Begin Advanced Nuclear Fuel Fabrication Facility Design
“This collaboration between X-energy and Centrus puts our two companies at the forefront of the effort to supply the fuel for the next generation of nuclear reactors,” said Daniel Poneman, president and CEO of Centrus. “We see great promise in this market and believe the advanced TRISO fuel to be produced in this facility will offer an attractive and competitive solution to power advanced reactors around the world.”
11.12.2018
Centrus Secures $85 Million to $110 Million in New Sales Commitments Over Past Six Months
“The past several months have been productive for our sales team in winning new business and broadening our customer base,” said Centrus President and CEO Daniel B. Poneman. “We are encouraged not only by these new sales, but also by the fact that the published price indicators for the spot enrichment market have risen in each of the last two months, which are the first such increases since 2010.”
11.07.2018
Centrus Reports Third Quarter 2018 Results
“Our core nuclear fuel segment showed positive results this quarter as our purchase costs continued to decline,” said Daniel B. Poneman, president and chief executive officer. “Despite a difficult market, we continue to make new sales to bolster our long-term order book, and we are well positioned with a diverse supply base to compete for the new business we anticipate will emerge in the early 2020s.
11.01.2018
Centrus to Webcast Conference Call on November 8 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 Thursday, November 8, 2018, at 8:30 a.m. EST. The Company will release its third quarter 2018 earnings report for the period ended September 30, 2018, after the close of markets […]