News And Updates

Tag: investors

11.08.2022

Centrus Reports Third Quarter 2022 Results

“While our third quarter results reflected the typical lumpiness attributable to the timing of customer deliveries that we regularly discuss on earnings calls, we continued to see strong momentum across our business segments, as reflected in both our total order book value and in the broader trends toward greater investment in nuclear energy,” said Centrus President and CEO Daniel B. Poneman. “Congress approved a $700 million investment in High-Assay, Low-Enriched Uranium (HALEU) as part of the U.S. Inflation Reduction Act, and there is growing bipartisan support for further action to jumpstart construction of domestic LEU and HALEU capacity. We look forward to seeing how DOE implements that funding. In the first nine months of 2022, we also secured $270 million in new sales contracts and commitments with contract terms extending through 2030 to support our long-term success. As the only company with a U.S. Nuclear Regulatory Commission license to produce HALEU, as well as the only domestic operator of deployment-ready enrichment technology in the United States, Centrus is well positioned to serve the growing need for critical fuels for advanced nuclear reactors both domestically and around the world.”

News Releases

08.31.2022

Centrus to Participate in Lake Street Best Ideas Growth Conference

Centrus Energy today announced that Daniel B. Poneman, President and Chief Executive Officer, and Philip Strawbridge, Chief Financial Officer, are scheduled to participate in Lake Street Capital Markets’ 6th Annual Best Ideas Growth (BIG6) Conference on September 14, 2022, in New York, NY.

News Releases

06.23.2022

Centrus Energy Corp. Reports Results of Annual Stockholder Meeting

BETHESDA, Md. – Centrus Energy Corp. announced the results of its 2022 annual meeting of stockholders held on June 23, 2022. As of April 25, 2022, the record date for the Annual Meeting, there were 13,781,467 shares of Centrus Class A common stock outstanding, each entitled to one vote, and the number of shares present at the annual meeting was 11,277,895.

News Releases

06.16.2022

Centrus to Hold 2022 Annual Meeting of Stockholders on June 23

Centrus Energy Corp. intends to hold the Annual Meeting of Stockholders on Thursday, June 23, 2022, at 10:00 a.m., Eastern Daylight Time. The 2022 Annual Meeting will be completely virtually and will be conducted via live webcast. More information can be found in the company’s proxy statement for the 2022 Annual Meeting.

News Releases

12.17.2021

Centrus Announces Redemption of All Outstanding Series B Senior Preferred Stock

“Eliminating the last of our preferred shares is a major milestone in our ongoing effort to strengthen our balance sheet for long-term success,” said Centrus Energy President and CEO Daniel B. Poneman. 

News Releases

11.23.2021

Centrus Announces Final Results of Its Cash Tender Offer to Purchase Its Series B Senior Preferred Stock and Related Consent Solicitation

BETHESDA, MD. -- Centrus Energy Corp. today announced the final results of its tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation to amend the certificate of designation of the Series B Preferred Shares. The Offer and Consent Solicitation expired at 5:00 p.m., Eastern time on Thursday, November 18, 2021.

News Releases

11.18.2021

Centrus Announces Preliminary Results of Its Cash Tender Offer to Purchase Its Series B Senior Preferred Stock and Related Consent Solicitation

Centrus Energy Corp. today announced the preliminary results of its tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation to amend the certificate of designation of the Series B Preferred Shares. The Offer and Consent Solicitation expired at 5:00 p.m., Eastern time on Thursday, November 18, 2021.

News Releases

11.10.2021

Centrus Reports Third Quarter 2021 Results

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) reported net income of $42.1 million for the quarter ended September 30, 2021, compared to net loss of $7.0 million for the third quarter of 2020. The net income allocable to common stockholders in the third quarter of 2021 was $41.4 million, or $3.01 (basic) and $2.95 (diluted) per common share.

News Releases

11.08.2021

Centrus to Webcast Conference Call on November 11 at 8:30 a.m. ET

BETHESDA, Md. – Centrus Energy Corp. will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, November 11, 2021, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2021, which ended September 30, 2021, after the close of markets on Wednesday, November 10.

News Releases

09.09.2021

Centrus Energy Corp. to Present at Lake Street’s 5th Annual Best Ideas Growth (BIG5) Conference September 14-15, 2021

Centrus Energy, supplier of nuclear fuel components and services for the nuclear power industry that is also conducting a High-Assay, Low-Enriched Uranium (HALEU) enrichment demonstration program for the U.S. Department of Energy, announced that Daniel B. Poneman, President and Chief Executive Officer, and Philip Strawbridge, Chief Financial Officer, are scheduled to present at the Lake Street 5th Annual Best Ideas Growth (BIG5) Conference.

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