Financial Data and Key Metrics Changes - Total revenue for Q2 2025 was $154.5 million, a decrease of $34.5 million compared to the same quarter last year [15] - Gross margin improved to 35%, up from 19% in the prior year's quarter, reflecting operational efficiency [16] - Net income for Q2 2025 was $28.9 million, compared to $30.6 million in the same quarter last year [16] - Cash and cash equivalents stood at $833 million as of June 30, 2025, indicating strong liquidity [16][23] Business Line Data and Key Metrics Changes - The LEU business generated $125.7 million in revenue, a decrease of $43.9 million compared to the same quarter last year, primarily due to reduced SWU sales volume [17] - Technical Solutions segment revenue totaled $28.8 million, an increase of 48% from the prior year, driven by LEU feedstock and cylinder costs [19] - Gross profit for the Technical Solutions segment was $3.2 million, a decrease of $0.3 million compared to the prior year's quarter [20] Market Data and Key Metrics Changes - The company reported a total backlog of approximately $3.6 billion, with the LEU segment backlog at about $2.7 billion [21] - The LEU segment backlog includes $600 million in future SWU and uranium deliveries, primarily under medium and long-term contracts [21] - The Technical Solutions segment backlog was approximately $900 million, including funded and unfunded amounts [22] Company Strategy and Development Direction - The company aims to secure sufficient public and private capital to expand its enrichment capacity, emphasizing a fully American technology and supply chain [11] - Centrus is positioned to meet the growing demand for nuclear fuel, driven by government actions and private investments [8] - The company is actively pursuing investments in manufacturing capabilities while awaiting the DOE's decision on funding [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the nuclear industry's growth, supported by government actions and private sector investments [7][8] - The company is optimistic about the DOE's decision regarding the allocation of $3.4 billion for domestic nuclear fuel production [10] - There is a strong consensus among customers and policymakers on the need for more competition in the enrichment market [14] Other Important Information - The company achieved a production milestone of 900 kilograms for Phase two of the HALEU operation contract [13] - The DOE extended the HALEU operation contract through June 30, 2026, with a target cost and fee for the first option period set at approximately $99.3 million and $8.7 million respectively [21] - The company has invested $60 million in supply chain readiness to support large-scale deployment of its technology [12] Q&A Session Summary Question: Expectations for federal programs stemming from May's executive orders - Management indicated no specific information on incremental federal programs but acknowledged strong support from the executive orders for the nuclear fuel industry [32][33] Question: Progress on the $60 million investment in centrifuge manufacturing - Management reported that the investment is progressing well, with efforts focused on ordering long lead items and preparing for a large centrifuge build [34] Question: Opportunities for additional customer commitments in LEU production - Management emphasized the importance of customer commitments for sizing up the plant and building out enrichment capabilities [41][42] Question: Continuation of HALEU production rate until DOE decisions are made - Management confirmed that operations would continue at the current enrichment rate [43] Question: Potential for smaller build-out of a low enriched facility - Management stated that they continually evaluate opportunities based on DOE decisions and customer conversations [47][49] Question: Target cash balance for the next year - Management did not disclose specific target amounts but emphasized the importance of maintaining financial flexibility [55][56] Question: Profitability of the entire portfolio given current pricing - Management indicated that while margins are strong, variability in quarterly results is expected, and they do not provide future earnings guidance [59][60] Question: Expectations for uranium sales in the next quarters - Management reiterated that they do not provide guidance on individual shipments but believe they are on track with internal projections [64] Question: Insights on HALEU processing capabilities and CapEx plans - Management confirmed they are the only Western HALEU producer and are working under the DOE contract, but did not provide specific insights into future CapEx [66][67] Question: Government intervention in setting market structure for LEU - Management acknowledged the relevance of the question but did not speculate on future government actions [107][108]

Financial Data and Key Metrics Changes - Total revenue for Q2 2025 was $154.5 million, a decrease of $34.5 million compared to the same quarter last year [13] - Gross profit increased to $53.9 million, up from $36.5 million in the same quarter last year, reflecting improved gross margin of 35%, up from 19% [14] - Net income for Q2 2025 was $28.9 million, compared to $30.6 million in the same quarter last year [14] - Cash and cash equivalents stood at $833 million as of June 30, 2025, highlighting strong liquidity [15] Business Line Data and Key Metrics Changes - The LEU business generated $125.7 million in revenue, a decrease of $43.9 million compared to the same quarter last year, primarily due to a reduction in SWU sales volume [16] - Cost of sales for the LEU segment was $75 million, a 45% decrease from $136.6 million in the same quarter last year [17] - In the Technical Solutions segment, revenue totaled $28.8 million, an increase of 48% from $19.4 million in the same quarter last year [18] Market Data and Key Metrics Changes - The company reported a total backlog of approximately $3.6 billion, with the LEU segment backlog at approximately $2.7 billion [20] - The LEU segment backlog includes $600 million in future SWU and uranium deliveries, primarily under medium and long-term contracts [20] - The Technical Solutions segment backlog was approximately $900 million, including funded amounts and unexercised options [21] Company Strategy and Development Direction - The company aims to secure sufficient public and private capital to expand its enrichment capacity, emphasizing a fully American technology and supply chain [9] - A $60 million investment in supply chain readiness was launched to prepare for large-scale deployment of technology [10] - The company is focused on reducing dependence on foreign nations and increasing competition in the nuclear fuel market [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growing demand for nuclear fuel driven by government actions and private investments [6] - The company remains optimistic about the DOE's decision regarding the allocation of $3.4 billion appropriated for domestic nuclear fuel production [8] - There is a strong consensus among customers and policymakers on the need for additional enrichment capacity to meet future demand [12] Other Important Information - The company achieved a production milestone of 900 kilograms for Phase two of the HALO operation contract [11] - The Department of Energy extended the HALO operation contract through June 30, 2026, with a target cost and fee for the first option period set at approximately $99.3 million and $8.7 million respectively [20] - The company is actively pursuing initiatives to strengthen its capital structure and enhance financial flexibility [22] Q&A Session Summary Question: Expectations for federal programs stemming from May's executive orders - Management indicated no specific information on incremental federal programs but acknowledged strong support from the executive orders for the nuclear fuel industry [31][32] Question: Progress on the $60 million investment in centrifuge manufacturing - Management reported that the investment is progressing well, with efforts focused on ordering long lead items and preparing for a large centrifuge build [33][34] Question: Opportunities for additional customer commitments in LEU production - Management emphasized the importance of customer commitments for sizing up plant capabilities and indicated ongoing discussions with potential customers [40] Question: Expectations for uranium sales in the next two quarters - Management refrained from providing specific guidance on uranium sales but reiterated confidence in meeting internal revenue projections [63] Question: Insights on the HALEU operations contract and future processing capabilities - Management confirmed ongoing work with the Department of Energy and highlighted the company's unique position as the only Western HALEU producer [66] Question: Thoughts on government intervention in setting market structure for LEU - Management expressed uncertainty about potential government actions but acknowledged the relevance of the question regarding market influence [104][106]

Company Performance - Centrus Energy Corp. reported quarterly earnings of $1.59 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, but down from $1.89 per share a year ago, representing an earnings surprise of +103.85% [1] - The company posted revenues of $154.5 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 13.72%, compared to $189 million in revenues a year ago [2] - Over the last four quarters, Centrus Energy has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - Centrus Energy shares have increased approximately 215.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of $78.17 million, and for the current fiscal year, it is $3.71 on revenues of $434.78 million [7] Industry Outlook - The Mining - Non Ferrous industry, to which Centrus Energy belongs, is currently ranked in the top 21% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Centrus Energy's stock performance [5]

Centrus Second Quarter 2025 Results [Financial & Operational Highlights](index=1&type=section&id=Financial%20%26%20Operational%20Highlights) The company reported a net income of $28.9 million on revenues of $154.5 million and completed a key HALEU delivery to the DOE Q2 2025 Key Financial Metrics | Metric | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Total Revenue | $154.5 million | $189.0 million | | Net Income | $28.9 million | $30.6 million | | EPS (Basic) | $1.63 | $1.89 | | EPS (Diluted) | $1.59 | $1.89 | | Cash Balance (as of June 30) | $833.0 million | N/A | - Successfully completed Phase 2 of the HALEU Operation Contract by delivering **900 kilograms of HALEU** to the Department of Energy[3](index=3&type=chunk)[5](index=5&type=chunk) - The DOE exercised a portion of Phase 3 of the HALEU Operation Contract, valued at approximately **$110.0 million**, with a performance period through June 30, 2026[3](index=3&type=chunk)[5](index=5&type=chunk) - CEO Amir Vexler highlighted the company's **strong revenue and margins** and the successful preparations for future enrichment build-out[2](index=2&type=chunk) [Detailed Financial Performance](index=2&type=section&id=Detailed%20Financial%20Performance) Total revenue decreased 18% due to a decline in the LEU segment, but gross profit significantly increased by 48% to $53.9 million Overall Financial Performance (Q2 2025 vs Q2 2024) | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Total Revenue | $154.5M | $189.0M | -18% | | Gross Profit | $53.9M | $36.5M | +48% | [LEU Segment Performance](index=2&type=section&id=LEU%20Segment%20Performance) LEU segment revenue fell 26% due to lower sales volumes, but gross profit rose 54% driven by favorable contract composition LEU Segment Financials (Q2 2025 vs Q2 2024) | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Revenue | $125.7M | $169.6M | -26% | | Cost of Sales | $75.0M | $136.6M | -45% | | Gross Profit | $50.7M | $33.0M | +54% | - The decrease in revenue was driven by lower volumes of uranium sold and a **27% decrease in SWU volume**, partially offset by a **24% increase in the average SWU price**[6](index=6&type=chunk) [Technical Solutions Segment Performance](index=2&type=section&id=Technical%20Solutions%20Segment%20Performance) Technical Solutions revenue grew 48% to $28.8 million, primarily driven by the HALEU Operation Contract with the DOE Technical Solutions Segment Financials (Q2 2025 vs Q2 2024) | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Revenue | $28.8M | $19.4M | +48% | | Cost of Sales | $25.6M | $15.9M | +61% | | Gross Profit | $3.2M | $3.5M | -9% | - The increase in revenue and costs is primarily attributable to the **HALEU Operation Contract** with the Department of Energy[7](index=7&type=chunk)[9](index=9&type=chunk) [Business Updates & Outlook](index=3&type=section&id=Business%20Updates%20%26%20Outlook) The company raised $114.0 million from an equity offering and reported a total order backlog of $3.6 billion as of June 30, 2025 - Raised approximately **$114.0 million in net proceeds** from an at-the-market equity offering for general corporate purposes[12](index=12&type=chunk) [Domestic Enrichment (HALEU) Update](index=3&type=section&id=Domestic%20Enrichment%20(HALEU)%20Update) Centrus met its Phase 2 HALEU delivery target, triggering the DOE to exercise a contract option extending performance to June 2026 - Achieved the production target for Phase 2 of the HALEU Operation Contract by delivering **900 kilograms of HALEU** to the DOE[14](index=14&type=chunk) - The DOE exercised Option 1a of the contract, extending the period of performance to June 30, 2026, valued at approximately **$108 million**[13](index=13&type=chunk) [Order Backlog](index=3&type=section&id=Order%20Backlog) The company's total order backlog stood at $3.6 billion, with the LEU segment comprising $2.7 billion of the total Backlog as of June 30, 2025 | Segment | Backlog Value | | :--- | :--- | | LEU Segment | ~$2.7 billion | | Technical Solutions Segment | ~$0.9 billion | | **Total Backlog** | **$3.6 billion** | - The LEU backlog includes approximately **$2.1 billion in contingent sales commitments** to support potential LEU production capacity construction, which depends on securing substantial investment[15](index=15&type=chunk) - In July 2025, the company secured an additional **$0.1 billion LEU contingent sales commitment**[16](index=16&type=chunk) [Consolidated Financial Statements](index=8&type=section&id=Consolidated%20Financial%20Statements) The statements show a net income of $28.9 million for Q2 2025 and a significant increase in cash to $833.0 million [Consolidated Statements of Operations](index=8&type=section&id=Consolidated%20Statements%20of%20Operations) Q2 2025 revenue decreased to $154.5 million, but gross profit and operating income increased significantly year-over-year Q2 Statement of Operations Highlights (in millions) | Line Item | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Total revenue | $154.5 | $189.0 | | Gross profit | $53.9 | $36.5 | | Operating income | $33.5 | $21.1 | | Net income | $28.9 | $30.6 | [Consolidated Statements of Cash Flows](index=9&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Net cash from operations for the first six months was $89.3 million, contributing to a total net cash increase of $143.0 million Six-Month Cash Flow Summary (in millions) | Cash Flow Category | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | Cash from Operating Activities | $89.3 | $12.3 | | Cash from Investing Activities | $(5.7) | $(2.4) | | Cash from Financing Activities | $59.6 | $16.0 | | **Net Increase in Cash** | **$143.0** | **$25.8** | [Consolidated Balance Sheets](index=10&type=section&id=Consolidated%20Balance%20Sheets) Total assets grew to $1,314.8 million, and stockholders' equity more than doubled to $359.1 million as of June 30, 2025 Balance Sheet Highlights (in millions) | Account | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $833.0 | $671.4 | | Total current assets | $1,250.6 | $1,015.2 | | Total assets | $1,314.8 | $1,093.4 | | Total current liabilities | $482.2 | $346.8 | | Total liabilities | $955.7 | $932.0 | | Total stockholders' equity | $359.1 | $161.4 | [Forward-Looking Statements & Risk Factors](index=4&type=section&id=Forward-Looking%20Statements%20%26%20Risk%20Factors) The company outlines numerous risks including geopolitical conflicts, sanctions on Russian LEU, and reliance on government contracts - The report contains forward-looking statements that are not guarantees of future performance and involve known and unknown risks[20](index=20&type=chunk) - Significant risks include geopolitical conflicts, sanctions, and laws like the **"Prohibiting Russian Uranium Imports Act"** that could impact the ability to import LEU under the TENEX supply contract[21](index=21&type=chunk) - The company faces risks related to securing government funding and demand for HALEU, performing under the **HALEU Operation Contract**, and the potential inability to operate the HALEU facility after the contract's completion[22](index=22&type=chunk)

Core Viewpoint - Centrus Energy Corp. reported strong operational performance in Q2 2025, achieving a net income of $28.9 million despite a decrease in total revenue compared to the previous year, highlighting the company's successful execution of contracts and strategic initiatives in the nuclear energy sector [1][11]. Financial Results - The company generated total revenue of $154.5 million for Q2 2025, down from $189.0 million in Q2 2024, representing an 18% decrease [3]. - Revenue from the LEU segment was $125.7 million, a decrease of 26% from $169.6 million in the same quarter last year, primarily due to reduced uranium sales volume [4]. - The Technical Solutions segment saw revenue increase to $28.8 million, up 48% from $19.4 million, driven by the HALEU production contract with the Department of Energy [5]. Cost and Profitability - Cost of sales for the LEU segment decreased to $75.0 million, down 45% from $136.6 million, attributed to lower sales volume and reduced average unit costs [6]. - The company recognized a gross profit of $53.9 million, an increase of 48% from $36.5 million in Q2 2024, with the LEU segment gross profit rising by 54% [7][8]. Operational Milestones - Centrus successfully delivered 900 kilograms of HALEU to the Department of Energy, achieving a key operational milestone and confirming the effectiveness of its technology [2][11]. - The Department of Energy exercised an option to extend the HALEU Operation Contract, valued at approximately $110.0 million through June 30, 2026, indicating strong government support for the company's initiatives [11][12]. Backlog and Future Commitments - The company's backlog stands at $3.6 billion as of June 30, 2025, with the LEU segment backlog approximately $2.7 billion, reflecting strong future revenue potential [14]. - An additional $0.1 billion LEU contingent sales commitment was secured in July 2025, further supporting potential construction at the Piketon, Ohio facility [15]. Balance Sheet Strength - Centrus raised approximately $114.0 million in net proceeds from an equity offering, enhancing its balance sheet for general corporate purposes [10]. - As of June 30, 2025, the consolidated cash balance was $833.0 million, up from $671.4 million at the end of 2024, indicating improved liquidity [25].

Core Insights - Centrus Energy (LEU) and NexGen Energy (NXE) are positioned to benefit from the global transition towards nuclear energy as a clean power source [1] - Uranium prices have recently declined, impacting the market, but the long-term outlook remains positive due to increasing demand for clean energy [3][4] Company Overview - Centrus Energy has a market capitalization of $4.1 billion and supplies nuclear fuel components internationally, while NexGen Energy, valued at $4.2 billion, is focused on developing the Rook I Project, which aims to be the largest low-cost uranium mine globally [2] - Centrus Energy's existing process buildings can host 3.5 million Separative Work Units (SWU) per year, with potential expansion to 7 million SWU per year [6] Financial Performance - Centrus Energy reported total revenues of $73.1 million in Q1 2025, a 67% year-over-year increase, with the LEU segment revenues surging 117% to $51.3 million [8] - NexGen Energy, still in the exploration stage, reported an adjusted loss of six cents per share in Q1 2025, compared to a loss of four cents in the previous year [16] Project Developments - NexGen's Rook I project is expected to produce up to 30 million pounds of uranium annually at a low cost of C$13.86, potentially tripling Canada's uranium output [13] - Centrus Energy has a $3.8 billion revenue backlog, including long-term contracts with major utilities through 2040 [11] Market Outlook - The U.S. government aims to quadruple domestic nuclear energy capacity by 2050, which is expected to drive long-term demand for uranium [4] - Centrus Energy's earnings growth has not kept pace with revenue growth, raising concerns about margin pressure [11][26] Valuation and Investment Considerations - Centrus Energy's shares have surged 261.8% year-to-date, while NexGen Energy's shares have gained 10.6% [22] - Centrus Energy is trading at a forward price-to-book multiple of 19.20X, while NexGen Energy's multiple is 5.43X, indicating better value for NexGen [23] - Centrus Energy is the only company licensed to produce High-Assay Low-Enriched Uranium (HALEU), providing a strategic advantage [26]

Core Insights - Centrus Energy (LEU) has achieved a compound annual growth rate (CAGR) of 14% in revenues from 2021 to 2024, with a notable 9% increase in 2023 and a significant 38% jump in 2024. The momentum continues into 2025, with a 67% year-over-year surge in total revenues to $73 million in Q1 [1][11]. Revenue Segments - The LEU segment, which includes revenues from sales of Separative Work Units (SWU), natural uranium hexafluoride, and uranium concentrates, remains the primary growth driver. In Q1 2025, LEU segment revenues increased by 117% to $51.3 million, driven by a 46% rise in SWU prices and a 49% increase in volumes [2][3][11]. - The Technical Solutions segment has also shown improvement, with revenues rising 8% year-over-year to $21.8 million in Q1 2025, primarily due to a $2 million increase from the HALEU Operation Contract. In 2024, this segment's revenues surged 80% to $92.1 million [4][5]. Backlog and Market Position - Centrus Energy has a revenue backlog of $3.8 billion, including long-term sales contracts with major utilities through 2040, with the LEU segment accounting for $2.8 billion of this backlog [6]. - The HALEU market is projected to grow from $0.26 billion in 2025 to $6.2 billion by 2035, and Centrus Energy holds a first-mover advantage as the only company licensed for HALEU enrichment [7]. Peer Comparison - In comparison, Cameco Corporation (CCJ) has delivered a CAGR of 24.8% in revenues from 2021 to 2024, with Q1 2025 revenues rising 17% year-over-year to CAD 789 million ($550 million). Cameco's uranium segment revenues grew by 10% [8][9]. - Energy Fuels (UUUU) reported a year-over-year revenue drop of 33.5% in Q1 2025 to $16.9 million, primarily due to the absence of uranium sales, despite a 106% increase in 2024 revenues [10][11]. Stock Performance and Valuation - Centrus Energy shares have increased by 225.1% year-to-date, significantly outperforming the industry average growth of 6.1% [13]. - The company is trading at a forward 12-month price/sales multiple of 8.21X, which is a substantial premium compared to the industry's 2.81X [14].

Core Viewpoint - Centrus Energy (LEU) has experienced a significant stock surge of 196.5% year-to-date, outperforming the non-ferrous mining industry and the S&P 500 [1][6]. Group 1: Stock Performance - Centrus Energy's stock has outperformed peers such as Cameco (CCJ) with a gain of 37.8%, Energy Fuels (UUUU) with 26.9%, and Uranium Energy (UEC) which has seen a decline of 6.3% year-to-date [4][6]. - The company has been trading above both the 200-day and 50-day simple moving averages, indicating a bullish trend [7]. Group 2: Business Developments - Centrus Energy completed Phase II of its Department of Energy (DOE) HALEU contract, delivering 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) and securing a one-year extension through June 2026 [11][12]. - The company reported Q1 revenues of $73.1 million, a 67% increase year-over-year, with LEU segment sales rising 117% due to higher prices and volume [15][16]. - Centrus Energy has a robust backlog of $3.8 billion in revenue, including long-term contracts with major utilities extending through 2040 [16]. Group 3: Market Opportunity - Centrus Energy is the only source of HALEU enrichment in the Western world, with the HALEU market expected to grow from $0.26 billion in 2025 to $6.2 billion by 2035 [17][18]. - The company plans to expand production capacity in Ohio to meet domestic demand for HALEU and low-enriched uranium [18]. Group 4: Financial Metrics - Centrus Energy's total debt-to-total capital ratio stands at 0.68, which is significantly higher than Cameco's 0.13, while Energy Fuels and Uranium Energy have no debt [19]. - The company has experienced a compound annual growth rate (CAGR) of 22.6% in revenues, but earnings growth has lagged at a CAGR of 12.6% [20]. Group 5: Valuation and Earnings Estimates - Centrus Energy is trading at a forward price/sales multiple of 7.46X, which is a premium compared to the industry average of 2.91X and its three-year median of 2.18X [27]. - The Zacks Consensus Estimate for Centrus Energy's 2025 earnings is $3.43 per share, indicating a 23.3% year-over-year decline, with a similar decline projected for 2026 [24][25].

Core Insights - Centrus Energy (LEU) has successfully delivered 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy (DOE), completing Phase II of its three-phase contract [1][9] - Centrus Energy is the only source of HALEU enrichment in the Western world, which is crucial for powering existing and advanced reactors to meet the demand for carbon-free electricity [2][4] - The HALEU market is projected to grow significantly, from $0.26 billion in 2025 to $6.2 billion by 2035, highlighting a substantial market opportunity for Centrus Energy [4] Company Developments - Centrus Energy signed a contract with the DOE in 2022 to produce HALEU at its Piketon, OH facility, having delivered a total of 920 kilograms in Phases I and II, and is now moving into Phase III [3][9] - The DOE has extended Centrus Energy's contract through June 30, 2026, with the possibility of up to eight additional years of production based on federal appropriations [3][9] - The company plans to expand its production capacity in Ohio to meet domestic demand for both HALEU and low-enriched uranium [4] Competitive Landscape - Centrus Energy competes with major producers of low-enriched uranium, which are primarily government-owned entities, including Orano (France), Rosatom/TENEX (Russia), Urenco (Netherlands, UK, and Germany), and CNEIC (China) [5] - In the uranium mining sector, Energy Fuels is ramping up production and aims to produce up to 6 million pounds of uranium annually, while Ur Energy operates the Lost Creek project with an annual capacity of 1.2 million pounds [6][7] Market Performance - Centrus Energy shares have increased by 161% this year, significantly outperforming the industry average growth of 9.8% [8]

Company Overview - Centrus Energy Corp. is a trusted American supplier of nuclear fuel and services for the nuclear power industry, contributing to the demand for clean, affordable, carbon-free energy [3] - Since its inception in 1998, the company has provided over 1,850 reactor years of fuel, equivalent to more than 7 billion tons of coal [3] Upcoming Financial Events - Centrus Energy will hold its quarterly conference call on August 6, 2025, at 8:30 a.m. ET to discuss its second quarter earnings report for 2025, which will be released after market close on August 5, 2025 [1][2] - The conference call will be accessible via the company's website, with a replay available until August 19, 2025 [2] Industry Position and Capabilities - The company is pioneering the production of High-Assay, Low-Enriched Uranium and is leading efforts to restore America's uranium enrichment capabilities at scale [4] - Centrus Energy aims to meet the needs for clean energy, energy security, and national security [4]