Core Insights - The nuclear energy sector has shown positive momentum in 2025, highlighted by a 13% year-to-date increase in the VanEck Uranium and Nuclear Energy ETF (NLR) as of early February [2] Group 1: Industry Performance - The nuclear energy sector is experiencing growth, as indicated by the significant rise in the NLR ETF [2] Group 2: Key Personnel - The analysis is led by Manika Premsingh, a macroeconomist with over 20 years of experience in investment management, stock broking, and investment banking [2]

Group 1 - Centrus Energy Corp. is participating in several upcoming investor conferences, including the Morgan Stanley Energy & Power Conference, UBS Nuclear Virtual Conference, Roth Conference, and UBS Global Energy and Utilities Conference [1][5] - The company is a trusted supplier of nuclear fuel and services, having provided over 1,850 reactor years of fuel since 1998, equivalent to more than 7 billion tons of coal [2] - Centrus is focused on producing High-Assay, Low-Enriched Uranium and aims to restore America's uranium enrichment capabilities to meet clean energy and national security needs [3]

Core Insights - Centrus Energy is experiencing significant revenue growth, an increasing backlog, and strategic partnerships that position the company to benefit from the nuclear revolution [1] - The company reported a strong earnings beat, resulting in a stock price increase of over 30% [1] Company Performance - Centrus Energy's recent earnings report showed a substantial performance improvement, contributing to its stock surge [1] - The company is part of a diversified portfolio aimed at securing reliable investments in various market conditions [1] Strategic Positioning - The strategic partnerships formed by Centrus Energy are expected to enhance its market position within the nuclear industry [1] - The company's growth trajectory aligns with the broader trend of increasing interest in nuclear energy solutions [1]

(State of incorporation) (IRS Employer Identification No.) 6901 Rockledge Drive, Suite 800, Bethesda, Maryland 20817 (301) 564-3200 Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol | Name of each exchange on which registered | | --- | --- | --- | | Class A Common Stock, par value $0.10 per share | LEU | NYSE American | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURI ...

Financial Data and Key Metrics Changes - For the full year 2024, the company achieved $442 million in revenue, a gross profit of $111.5 million, and an operating income of $48 million, reflecting a year-over-year revenue increase of nearly 40% [12][30] - Net income for 2024 was $73.2 million, compared to $84.4 million in the previous year, indicating a decrease in net income [31] - The gross profit margin slightly decreased from $112.1 million in 2023 to $111.5 million in 2024 [34] Business Line Data and Key Metrics Changes - The Low-Enriched Uranium (LEU) segment generated $349.9 million in revenue, an increase of $80.9 million compared to 2023, driven by growth in uranium and Separative Work Unit (SWU) revenue [31] - The Technical Solutions segment reported $92.1 million in revenue, an increase of $40.9 million compared to 2023, with a gross profit of $17.6 million, improving by $10.6 million year-over-year [34] Market Data and Key Metrics Changes - The company’s total backlog reached $3.7 billion as of year-end, extending to 2040, with the LEU segment backlog approximately $2.8 billion [35] - The Technical Solutions segment backlog was approximately $0.9 billion, including funded amounts and unexercised options related to the HALEU operation contract [37] Company Strategy and Development Direction - The company aims to restore America's ability to enrich uranium, focusing on domestic production to meet energy and national security needs [9][19] - Recent contract awards from the Department of Energy (DOE) for HALEU enrichment and deconversion are expected to support the restart of American LEU enrichment, reducing dependence on foreign sources [16][17] - A $60 million investment was announced to resume centrifuge manufacturing and expand capacity at the Oak Ridge facility, reinforcing the company's first-mover advantage [23][38] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting bipartisan support for nuclear energy and the importance of restoring domestic uranium enrichment capabilities [43][44] - The company is positioned to capitalize on the growing demand for enriched uranium, especially with the upcoming ban on enriched uranium imports from Russia starting in 2028 [24][28] Other Important Information - The company successfully raised $402.5 million through convertible senior notes, enhancing liquidity for strategic investments [37][39] - The company has begun exploring opportunities for investment tax credits, receiving approval for $62.4 million in credit allocations for its manufacturing facility [41][42] Q&A Session Summary Question: Follow-up on DOE contracts and task orders - Management indicated that while there is forward movement on task orders, they would not speculate on timing [52][56] Question: Details on the $60 million investment - The investment is aimed at readiness and preparation for upcoming task orders, allowing the company to react quickly when they are issued [56][58] Question: TENEX licenses and uranium sales - Management confirmed positive traction with TENEX licenses but could not disclose specific numbers; the high uranium sales in Q4 were due to market opportunities rather than inventory liquidation [65][68] Question: Expectations for 2025 - While management does not provide guidance, they remain opportunistic regarding uranium sales and have a sizable inventory to capitalize on market conditions [76][78] Question: Investment tax credit details - The investment tax credit can be realized over a four-year period, contingent on meeting specific conditions [82][84]

Centrus Energy (LEU) Q4 2024 Earnings Call February 07, 2025 08:30 AM ET Company Participants Neal Nagarajan - Senior Vice President and Head of Investor RelationsAmir Vexler - President and CEOKevin Harrill - Senior Vice President, Chief Financial Officer and TreasurerNone - ExecutiveJoseph Reagor - Managing Director Conference Call Participants Rob Brown - Founding Partner, Senior Equity Research AnalystRyan Pfingst - Equity Research Analyst Operator Greetings and welcome to the Citrus Energy Fourth Quart ...

Centrus Energy Corp. (LEU) reported $151.6 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 46.3%. EPS of $3.20 for the same period compares to $3.58 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $105.2 million, representing a surprise of +44.11%. The company delivered an EPS surprise of +201.89%, with the consensus EPS estimate being $1.06.While investors closely watch year-over-year changes in headline numbers -- revenue and ea ...

Centrus Energy Corp. (LEU) came out with quarterly earnings of $3.20 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $3.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 201.89%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced a loss of $0.30, delivering a surprise of -266.67%.Over the last four quarters, the com ...

FOR IMMEDIATE RELEASE: February 6, 2025 EXHIBIT 99.1 Centrus Reports Fourth Quarter and Full Year 2024 Results BETHESDA, Md. - Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today reported 2024 results. The Company reported net income of $73.2 million for the year ended December 31, 2024, which is $4.49 (basic) and $4.47 (diluted) per common share. "This was another strong quarter and year for Centrus as we expanded our backlog, demonstrated the success of our technology by continuin ...

2024 full year revenue of $442.0 million and gross profit of $111.5 million, compared to prior year revenue of $320.2 million and gross profit of $112.1 million 2024 full year net income of $73.2 million, compared to prior year net income of $84.4 million Strengthened balance sheet by closing $402.5 million of convertible senior notes resulting in unrestricted cash balance of $671.4 million as of December 31, 2024 Announced approximately $60.0 million investment in centrifuge manufacturing activities and c ...