News And Updates

Tag: earnings

03.18.2021

Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2020

“Despite the unprecedented health crisis posed by COVID-19, with a large portion of our staff shifting to telework, Centrus has had a great year that saw us return to profitability, improve our balance sheet, and deliver value to stockholders with a higher share price,” said Daniel Poneman, Centrus President and Chief Executive Officer. “Our technical solutions team continues to make strong progress on the High-Assay, Low-Enriched Uranium (HALEU) program and we expect to begin demonstrating production of HALEU by early next year. Our sales team also secured over $100 million in new commitments from November through the end of January.”

News Releases

03.12.2021

Centrus to Webcast Conference Call on March 19 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, March 19, 2021, at 8:30 a.m. ET.

News Releases

11.12.2020

Centrus Reports Third Quarter 2020 Results

“This has been an exciting quarter for the company, with the launch of the Department of Energy’s Advanced Reactor Demonstration Program – which could jump-start commercial demand for HALEU – and our successful capital raise,” said Daniel B. Poneman, Centrus president and chief executive officer. “Construction of our HALEU demonstration plant is on schedule and on budget, and we are poised to be first to market with this promising new fuel when the demonstration is completed in 2022. We are continuing our efforts to improve our capital structure, having raised approximately $25 million and launched our tender offer to retire up to $60 million of the preferred.”

News Releases

11.09.2020

Centrus to Webcast Conference Call on November 13 at 8:30 a.m. ET

Centrus Energy will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, November 13, 2020, at 8:30 a.m. ET.

News Releases

08.04.2020

Centrus Reports Second Quarter 2020 Results

“Despite the unprecedented health crisis posed by COVID-19, with a large portion of our staffshifting to telework, our dedicated employees have rallied to produce outstanding results,” said Dan Poneman, Centrus president and chief executive officer. “We are continuing to make progress on the High-Assay, Low-Enriched Uranium (HALEU) program, including the NuclearRegulatory Commission’s acceptance of our application to amend our license at Piketon to permit the production of HALEU for review. We will continue our efforts to protect the healthand safety of our employees and their families as our highest priority.”

News Releases

08.03.2020

Centrus to Webcast Conference Call on August 5 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 Wednesday, August 5, 2020, at 8:30 a.m. ET. The Company will release its second quarter earnings report for 2020, which ended June 30, 2020, after the close of markets on […]

News Releases

05.11.2020

Centrus Reports First Quarter 2020 Results

“I am pleased that, in this challenging time, we are able to report a positive net income for the quarter. This is the result of the hard work we’ve done in recent years to diversify our business,reduce our debt, and lower our cost structure,” said Dan Poneman, Centrus president and chief executive officer. “We are continuing to make progress on the HALEU program, even as we have limited our operations to protect the health and safety of our employees and their families.”

News Releases

05.08.2020

Centrus to Webcast Conference Call on May 12 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 Tuesday, May 12, 2020, at 8:30 a.m. ET. The Company will release its first quarter earnings report for 2020, which ended March 31, 2020, after the close of markets on […]

News Releases

03.25.2020

Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2019

“With lower cost of sales in our LEU segment and reduced overhead, we improved our performance significantly in 2019,” said Daniel B. Poneman, Centrus president and chief executive officer. “We also continue to see significant growth potential in our technical solutions segment as we demonstrate our ability to produce HALEU to fuel the next generation of advanced reactors around the world. I also want to assure our shareholders and stakeholders that we are taking vigilant and vigorous steps to address the coronavirus threat, as the health and safety of our employees and their families is of paramount concern.”

News Releases

03.25.2020

Centrus to Webcast Conference Call on March 26 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 August 26, 2019.

News Releases