EXHIBIT 99.1 FOR IMMEDIATE RELEASE: May 7, 2024 Centrus Reports First Quarter 2024 Results BETHESDA, Md. - Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today reported first quarter 2024 results. The Company reported a net loss of $6.1 million for the three months ended March 31, 2024, which is $0.38 (basic and diluted) per common share. "Centrus had a strong start to the year, making additional HALEU deliveries to the Department of Energy ("Department" or "DOE") and submitting bids ...

Centrus Energy (LEU) is expected to register year-over-year improvement in both its top and bottom lines in its upcoming first-quarter 2024 results.Q1 EstimatesThe Zacks Consensus Estimate for LEU’s first-quarter sales is pegged at $72.7 million, suggesting 8.7% growth from the prior-year quarter’s reported figure. The consensus mark for earnings is pegged at 50 cents per share, indicating a year-over-year rise of 6.4%. Earnings estimates have remained unchanged in the past 30 days.Q4 PerformanceIn the last ...

BETHESDA, Md., April 24, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, May 8, 2024, at 8:30 a.m. ET. The Company will release its first quarter earnings report for 2024, which ended March 31, 2024, after the close of markets on Tuesday, May 7. The conference call will be open to listeners who log in through the Company's website, www.centrusenergy.com. A link to the cal ...

Monty Rakusen Our coverage of Centrus (NYSE:LEU) dates back to 2021. It was indeed the very first article we published on Seeking Alpha, and before the stock went on a wild run with gains of more than 100%. Today, 3 years after that analysis, we find that the momentum behind the trends we were expecting is accelerating, and the stock is still cheap. We think there is an overall upside potential of around 35% to $58 per share. The double play: long-term HALEU projects paired with the spot LEU business Wh ...

For the fiscal year ended December 31, 2023 Commission file number 1-14287 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 centruslogocolora15 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Centrus Energy Corp. Delaware 52-2107911 (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 c ...

Financial Data and Key Metrics Changes - The company achieved $320.2 million in revenue for 2023, the highest in eight years, with a net income of $84.4 million, representing a 66% increase from 2022 [65] - Gross profit for the LEU segment was $105.1 million in 2023, down from $130.6 million in 2022, while the overall gross profit was $112.1 million, slightly down from $117.9 million in the prior year [15][60] - The cash balance at year-end was $201.2 million, with an additional $32.6 million in restricted cash, totaling $233.8 million [16] Business Line Data and Key Metrics Changes - The LEU business generated $269 million in revenue in 2023, an increase of $33.4 million compared to the prior year, driven by higher sales volumes for both SWU and uranium [60] - Technical solutions revenue for 2023 was $51.2 million, down from $58.2 million in the prior year, primarily due to a one-time expense recognized in 2022 [70] Market Data and Key Metrics Changes - The company noted that the market for uranium enrichment is urgent, with a significant need for a new American source of uranium enrichment due to geopolitical factors [55][58] - The Department of Energy has made a multi-billion-dollar commitment to support the deployment of HALEU-fueled reactors, indicating strong governmental support for domestic enrichment capabilities [11][28] Company Strategy and Development Direction - The company is positioned to compete effectively in the market as the only U.S. owned technology provider, with a focus on large-scale production of LEU and HALEU [6][10] - There is a strong emphasis on public-private partnerships to restore domestic uranium enrichment capabilities, reflecting the national security and energy security needs [27][59] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of restoring domestic uranium enrichment capabilities to enhance energy security and reduce reliance on foreign sources [86] - The company anticipates resolving supply chain delays related to HALEU storage cylinders, which are expected to improve production capabilities in the future [57][89] Other Important Information - The company completed Phase 1 of the HALEU contract, delivering the first 20 kilograms of HALEU to the Department of Energy [25] - The company has a robust order book of approximately $1 billion, providing visibility into future revenues through 2030 [43] Q&A Session Summary Question: What are the plans for the remaining pension obligation? - Management indicated ongoing evaluations of the pension obligations and potential de-risking strategies, but no definitive plans were in place [19][20] Question: How will current market prices affect margins going forward? - Management explained that both supply and sale contracts are influenced by market prices, but specific forward-looking guidance could not be provided [38][40] Question: Were there any additional contracts added for 2024? - Management confirmed a robust order book and highlighted $189 million in new sales contracts, but did not provide specifics on contracts rolling off in 2024 [43][44] Question: What is the status of the HALEU operations contract? - Management noted that the delivery of HALEU is contingent on the availability of storage cylinders, with no anticipated economic impact from the delays [88][89]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been sub ...

Centrus Energy Corporation (NYSE:LEU) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Dan Leistikow - VP, Corporate Communications Daniel Poneman - CEO, President & Director Kevin Harrill - SVP, CFO and Treasurer & Controller and CAO Conference Call Participants Robert Brown - Lake Street Capital Markets Joseph Reagor - ROTH MKM Partners Alexander Rygiel - B. Riley Securities Operator Greetings, and welcome to the Centrus Energy Third Quarter 2023 Earnings Call. [Operator I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (301) 564-3200 Centrus Energy Corp. ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 Delaware 52-2107911 (State of incorporation) (I.R.S. Employer Identification No.) OR 6901 Rockledge Drive, Suite 800, Bethesda, Maryland 20817 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1- ...

Centrus Energy Corp. (NYSE:LEU) Q2 2023 Earnings Call Transcript August 4, 2023 8:30 AM ET Company Participants Dan Leistikow - Vice President of Corporate Communications Dan Poneman - CEO, President and Director Philip Strawbridge - Senior VP, CFO, Chief Administrative Officer and Treasurer Kevin Harrill - Controller and Chief Accounting Officer Conference Call Participants Rob Brown - Lake Street Capital Markets Joseph Reagor - The ROTH MKM Operator Greetings, and welcome to Centrus Energy Second Quarter ...