Centrus Energy (LEU) - 2024 Q2 - Quarterly Results

EXHIBIT 99.1 FOR IMMEDIATE RELEASE: August 6, 2024 Centrus Reports Second Quarter 2024 Results • Net income of $30.6 million on$189.0 million in revenue, compared to net income of $12.7 million on$98.4 million in revenue in Q2 2023 • Consolidated cash balance of $227.0 million as of June 30, 2024 • Annuitized$234 million of pension plan obligations for more than 1,000 beneficiaries, resulting in a $16.6 million settlement gain • Secured a U.S. Department of Energy ("DOE") waiver under the Prohibiting Rus ...