Centrus Energy Corp. (NYSE: LEU ) takes a central position in the U.S. uranium enrichment capacity ambitions. The company serves as a key enabler for the U.S. advanced nuclear technology development, benefiting from the status of beingAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensatio ...

Centrus Energy Corp. (NYSE: LEU ) takes a central position in the U.S. uranium enrichment capacity ambitions. The company serves as a key enabler for the U.S. advanced nuclear technology development, benefiting from the status of beingAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensatio ...

Financial Data and Key Metrics Changes - Revenue increased to $14.4 billion, representing pro forma growth of 4% year-over-year [9] - Adjusted EBITDA reached $1.1 billion, an increase of 5% year-over-year [9] - Adjusted diluted earnings per share rose to $2.22, up 11% [9] - Free cash flow was $516 million, supporting debt reduction objectives and bringing net leverage to 3.2 times [9][26] Business Line Data and Key Metrics Changes - Digital solutions generated revenues of $1.5 billion for the quarter and $5.5 billion for the year, representing 11% and 7% growth respectively [24] - Global engineering solutions generated revenues of $2.4 billion for the quarter and $8.9 billion for the year, representing 9% and 2% growth respectively [25] Market Data and Key Metrics Changes - The company submitted $35 billion in bids, achieving a full-year book-to-bill ratio of 1.2 times and a quarterly book-to-bill ratio of 1.6 times [10] - Backlog grew 5%, reaching over $47 billion, with $20 billion in proposals awaiting awards [10] Company Strategy and Development Direction - Amentum aims to integrate and deliver end-to-end advanced engineering and technology solutions across key markets including defense, nuclear energy, intelligence, and space [5][6] - The company is focusing on core growth areas such as RDT&E, intelligence operations, and environmental remediation, while also targeting accelerating growth markets like space systems and technologies, critical digital infrastructure, and global nuclear energy [15][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to adapt to changing government priorities and maintain operational resilience [13][14] - The outlook for fiscal year 2026 includes expected revenues in the range of $13.95-$14.3 billion, with adjusted EBITDA projected between $1.1 billion and $1.14 billion [28][29] Other Important Information - The company has exited all transition service agreements and is on track to deliver at least $60 million in net run rate synergies by the end of fiscal year 2026 [8] - Amentum's diverse portfolio, with 20% of revenue tied to commercial and international work, provides insulation from sector volatility [14] Q&A Session Summary Question: Can you discuss the level of timing or one-time margin and cash flow dynamics in the quarter? - Management noted that additional working days generated around $20 million in cash, which should be normalized moving into FY26 [35] Question: Can you provide an update on the multi-year margin progression and synergy targets? - The long-term goal is to achieve 8.5%-9% margins by FY28, with expected margin expansion of 20 basis points in FY26 [38][42] Question: How do you view the timing and magnitude of potential divestitures? - Management is currently excited about the entire portfolio and will evaluate non-core assets during strategic planning [50] Question: Can you elaborate on the nuclear opportunities and their impact on margins? - The nuclear energy market represents about 17% of the business today, with strong margins expected from both front-end and back-end nuclear work [76] Question: What is the expected impact of the government shutdown on FY26? - Management anticipates a 1% impact from reduced spending in Q1 due to the government shutdown, but remains confident in the underlying business trajectory [84]

Financial Data and Key Metrics Changes - Revenue increased to $14.4 billion, representing pro forma growth of 4% [9] - Adjusted EBITDA reached $1.1 billion, an increase of 5% year over year [9] - Adjusted diluted earnings per share rose to $2.22, up 11% [9] - Free cash flow totaled $516 million, supporting debt reduction objectives and bringing net leverage to 3.2 times [9][26] Business Line Data and Key Metrics Changes - Digital Solutions generated revenues of $1.5 billion for the quarter and $5.5 billion for the year, representing 11% and 7% growth respectively [24] - Global Engineering Solutions reported revenues of $2.4 billion for the quarter and $8.9 billion for the year, reflecting 9% and 2% growth respectively [25] Market Data and Key Metrics Changes - The company submitted $35 billion in bids, achieving a full-year book-to-bill ratio of 1.2 times and a quarterly ratio of 1.6 times [10] - Backlog grew 5%, reaching over $47 billion, with $20 billion in proposals awaiting awards [10] Company Strategy and Development Direction - Amentum aims to integrate and deliver advanced engineering and technology solutions across key markets, including defense, nuclear energy, intelligence, and space [5][6] - The company is focusing on core growth areas that provide dependable revenue and strong cash flow, while also targeting accelerating growth markets such as space systems and technologies, critical digital infrastructure, and global nuclear energy [15][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to adapt to changing government priorities and maintain operational resilience [13][14] - The outlook for fiscal year 2026 includes expected revenues in the range of $13.95 to $14.3 billion, with adjusted EBITDA projected between $1.1 to $1.14 billion [28][29] Other Important Information - The company has exited all transition service agreements and completed key integration milestones on time and within budget, aiming for at least $60 million in net run rate synergies by the end of fiscal year 2026 [8] Q&A Session Summary Question: Discussion on timing or one-time margin and cash flow dynamics - Management noted that additional working days contributed approximately $20 million to cash flow, and they expect a strong cash flow trajectory moving forward [35][36] Question: Multi-year margin progression and synergy targets - Management confirmed a long-term goal of achieving 8.5 to 9% margins by FY28, with expected margin expansion of 20 basis points in FY26 [38][42] Question: Update on potential divestitures and upcoming awards - Management expressed excitement about the Space Force range contract, which has cleared the protest period and is set to begin operations [47][49] Question: Insights on nuclear opportunities and growth areas - The company plays a critical role across the entire nuclear energy life cycle, with nuclear representing about 17% of its business today [77][78]

Financial Data and Key Metrics Changes - Revenue increased to $14.4 billion, representing pro forma growth of 4% [11] - Adjusted EBITDA reached $1.1 billion, an increase of 5% year over year [11] - Adjusted diluted earnings per share rose to $2.22, up 11% [11] - Free cash flow totaled $516 million, supporting debt reduction objectives and bringing net leverage to 3.2 times [11][28] Business Line Data and Key Metrics Changes - Digital Solutions generated revenues of $1.5 billion for the quarter and $5.5 billion for the year, representing 11% and 7% growth respectively [26] - Global Engineering Solutions reported revenues of $2.4 billion for the quarter and $8.9 billion for the year, showing 9% and 2% growth respectively [27] Market Data and Key Metrics Changes - The company submitted $35 billion in bids, achieving a full-year book-to-bill ratio of 1.2 times and a quarterly ratio of 1.6 times [12] - Backlog grew 5%, reaching over $47 billion, with $20 billion in proposals awaiting awards [12] Company Strategy and Development Direction - Amentum aims to integrate and deliver advanced engineering and technology solutions across key markets, including defense, nuclear energy, intelligence, and space [6][10] - The company is focusing on core growth areas such as RDT&E, intelligence operations, and environmental remediation, while also targeting accelerating growth markets like space systems and digital infrastructure [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience and ability to adapt to changing customer priorities and government spending dynamics [15][23] - The outlook for fiscal year 2026 includes expected revenues in the range of $13.95 to $14.3 billion, with adjusted EBITDA projected between $1.1 to $1.14 billion [29][31] Other Important Information - The company has exited all transition service agreements and is on track to deliver at least $60 million in net run rate synergies by the end of fiscal year 2026 [10] - Amentum's diverse portfolio, with 20% of revenue tied to commercial and international work, provides insulation from sector volatility [15] Q&A Session Summary Question: Discussion on timing or one-time margin and cash flow dynamics in the quarter - Management noted that additional working days contributed approximately $20 million to cash flow, and they expect a strong cash flow trajectory with 12% growth in FY26 [34][35] Question: Multi-year margin progression and synergy targets - The company aims for 8.5 to 9% margins by FY28, with a target of exceeding $60 million in net run rate cost synergies by the end of FY26 [36][39] Question: Update on nuclear opportunities and growth areas - Amentum plays a critical role across the entire nuclear energy life cycle, with 17% of its business currently in this sector, and anticipates significant growth driven by demand for electricity and AI [58][59] Question: Timing and magnitude of potential divestitures and upcoming awards - Management expressed excitement about the current portfolio and indicated that they are evaluating growth opportunities while remaining committed to maximizing free cash flow per share [50][52]

CHARLOTTE, N.C., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Terrestrial Energy Inc. (NASDAQ: IMSR) (“Terrestrial Energy” or “the Company”), a developer of small modular nuclear power plants using its Generation IV reactor technology, announced today that the Company will be participating in the following investor conferences: B. Riley Securities Convergence Conference: AI, Blockchain & Energy on December 4th, 2025, in New York City.2nd Annual Craig-Hallum Nuclear Energy Forum on December 11th, 2025, (virtual). Membe ...

Core Insights - The Global X Uranium ETF (URA) has experienced a significant rally of 210% from its April low to last month's high, driven by the increasing demand for power due to the AI build-out and the insufficient supply of energy sources [1] Group 1: Market Dynamics - The demand for nuclear power is expected to rise as the AI sector expands, highlighting the need for substantial energy resources [1] Group 2: Investment Strategy - The investment approach focuses on long-term macro ideas, utilizing low-risk ETFs and CEFs to capitalize on market trends [1]

Core Insights - First Hydrogen Corp. has initiated technical research in collaboration with the University of Alberta to identify non-radioactive molten-salt fuel mixtures for small modular reactors (SMRs) [1][2] - The research aims to optimize reactor fuel materials and guide future R&D steps, including lab setup and supplier engagement [1][2] - The project is expected to advance First Hydrogen's commercial scale-up objectives in the clean energy sector [2][4] Research and Development - The research will focus on selecting surrogate mixtures that mimic the thermophysical behavior of uranium-bearing fuel salts, prioritizing those suitable for near-term lab evaluation [2] - Prof. Muhammad Taha Manzoor's team will analyze the availability and procurement options for the selected molten-salt mixtures, considering regulatory requirements [2] Industry Context - Molten-salt fuels are gaining attention for their safety, efficiency, and flexibility in nuclear energy applications, allowing for better heat transfer and safer operating conditions compared to conventional solid fuel rods [3] - The International Energy Agency (IEA) projects that electricity consumption for data centers will more than double from 415 terawatt-hours (TWh) in 2024 to 945 TWh by 2030, driven by advancements in artificial intelligence [5] Company Vision - First Hydrogen aims to integrate clean energy solutions for data centers, AI, and green hydrogen production, aligning with its long-term vision for SMRs [4] - The company is committed to developing advanced clean energy solutions, including green hydrogen from state-of-the-art SMRs, to meet global climate goals [7]

Core Insights - NANO Nuclear Energy Inc. (NNE) has experienced significant volatility in its share price, nearly doubling at one point before recently falling below its initial value [1]. Company Overview - The company is focused on long-term investment strategies, typically with a 5-10 year horizon, emphasizing a portfolio mix of growth, value, and dividend-paying stocks, with a particular inclination towards value investments [1]. Investment Strategy - The investment approach includes occasional options trading, indicating a strategy that combines both equity and derivatives for potential returns [1].

X-energy rides nuclear wave, raises $700M Series D https://t.co/ylFZilGaIF ...