News And Updates

Category: News Releases

03.21.2016

Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2015

Gross profit of $69 million, compared to losses in 2014 and 2013; Net loss of $187.4 million following non-cash charge of $137.2 million for the impairment of excess reorganization value; Positive cash flow from operations increases year-end cash balance to $234 million

News Releases

03.16.2016

Centrus to Webcast Conference Call on March 22 at 8:30 a.m. ET

Centrus will broadcast its quarterly conference call over the Internet on March 22, 2016, at 8:30 a.m. ET. The Company will release its year-end earnings report for its fiscal 2015 after the close of markets on Monday, March 21.

News Releases

03.08.2016

Centrus Announces Multiple New Sales Contracts Valued at $165 Million

Centrus Energy Corp. (NYSE MKT: LEU) announced today that it has signed several new sales contracts in the last nine months to supply its utility customers with enriched uranium fuel.

News Releases

02.19.2016

Centrus Completes American Centrifuge Demonstration in Ohio; Workforce Reductions to Begin

Centrifuge research, engineering and testing work will continue in Oak Ridge, Tenn.; Ohio centrifuge cascade to be demobilized after successful three-year demonstration; Centrus preserving NRC license and options for future use of Ohio facility

News Releases

01.28.2016

Centrus Energy Corp.’s Continued Listing Plan Accepted by NYSE MKT

NYSE MKT has accepted Centrus’ plan to regain compliance with the exchange’s continued listing standards, and the company’s common stock will continue to be traded on the exchange, subject to ongoing monitoring by the exchange and the Company’s compliance with all other applicable NYSE MKT requirements.

News Releases

01.06.2016

Centrus Establishes Advisory Board of Distinguished National Security and Business Leaders

Members of the board have advised U.S. presidents of both parties, served at the highest levels of government and industry, and have deep subject-matter expertise. The diverse membership reflects a broad consensus about the importance of maintaining U.S. leadership in uranium enrichment and nuclear power.

News Releases

12.22.2015

Centrus and TENEX Agree on Decade of Reliable Supply

Centrus and TENEX have reached agreement to modify the terms of the long-term supply contract the two companies signed in 2011 and to extend their contractual relationship through 2026.

News Releases

12.16.2015

Omnibus Appropriations Legislation Supports Continued Advances in U.S. Enrichment Technology

Funding for research, development and demonstration continues

News Releases

11.23.2015

Centrus Receives Non-Compliance Notice from NYSE MKT

Company remains listed on NYSE MKT; Expects strong 4th Quarter revenues; Reiterates annual guidance for revenue and cash balance

News Releases

11.10.2015

Centrus Reports Third Quarter 2015 Results

Cash balance of $180.3 million at September 30, 2015; Year-end 2015 cash balance expected to be in range of $175 - $200 million; $55.1 million net loss includes remeasurement of pension obligations and a special charge for anticipated workforce reductions; Approximately 40 percent of annual revenue expected in the fourth quarter

News Releases