$418.9 million net income primarily driven by net reorganization items; Return of Paducah GDP facility reduces future non-production expenses; Cash balance of $105.4 million at September 30, 2014; Year-end 2014 cash balance expected to be greater than $150 million
Centrus will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, November 14, 2014 at 9:00 a.m. ET. The Company will release its third quarter 2014 earnings report for the period ended September 30, 2013, prior to the call on November 14.
Centrus has received notification from the New York Stock Exchange that the Company has regained compliance with the NYSE’s continued listing standards.
United States Enrichment Corporation, a subsidiary of Centrus Energy Corp. (NYSE: LEU), today returned full control of the 750-acre uranium enrichment complex near Paducah, Ky. to the U.S. Department of Energy (DOE). The transfer of control occurred at 7:00 a.m. CT and followed a year-long process to prepare the plant for a return to full DOE control.
Mikel H. Williams elected chairman of the board; Chief Restructuring Officer John R. Castellano named interim CEO; John Welch to step down later this month; Board establishes committee assignments