Core Points - Centrus Energy's subsidiary has successfully produced and delivered 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, marking a significant milestone in HALEU production [1][2] - The company has achieved its production target for Phase II of its contract with the Department of Energy, having delivered over 920 kilograms of HALEU to date [1][3] - Centrus is the only source of HALEU enrichment in the Western world, which is critical for the next generation of reactors [2] - The company is moving into Phase III of its HALEU production contract, having secured a contract extension for an additional year of production through June 30, 2026 [2][3] - The HALEU produced is intended to support national priorities, including the demonstration and commercialization of HALEU-fueled advanced reactors [4] Company Overview - Centrus Energy has been a trusted supplier of nuclear fuel and services since 1998, providing over 1,850 reactor years of fuel, equivalent to more than 7 billion tons of coal [5] - The company is focused on restoring America's uranium enrichment capabilities at scale to meet clean energy, energy security, and national security needs [6]

Net income of $27.2 million on $73.1 million in revenue, compared to a net loss of $6.1 million on $43.7 million in revenue in Q1 2024 Retired our higher-interest rate debt (8.25% Notes) at a redemption price equal to the principal of $74.3 million plus any accrued and unpaid interest, resulting in a gain of $11.8 million in Q1 2025 Consolidated cash balance of $653.0 million as of March 31, 2025BETHESDA, Md., May 7, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company" ...

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 ...