12.11.2024
Centrus Wins LEU Enrichment Award from U.S. Department of Energy
BETHESDA, Md. – Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC (“ACO”), has won an award from the U.S. Department of Energy aimed at expanding domestic commercial production of Low-Enriched Uranium (“LEU”) to meet the needs of existing and future nuclear reactors. This is the third selection for Centrus under a series of three solicitations from the Department as part of a program to restore America’s domestic nuclear fuel supply for LEU and High-Assay, Low-Enriched Uranium (“HALEU”).
08.24.2017
Poneman: DOE Grid Study Underscores Importance of Nuclear Energy
The Department’s study underscores the importance of America’s nuclear industry to ensuring the continued reliability and resilience of the electricity grid.
08.02.2017
Centrus Reports Second Quarter 2017 Results
Centrus reported a net loss of $22.4 million for the quarter ended June 30, 2017, compared to a net loss of $2.9 million for the second quarter of 2016 that included a $16.7 million gain on the early extinguishment of debt. The net loss allocable to common stockholders was $24.4 million, or $2.69 per basic and diluted share, for the quarter ended June 30, 2017, compared to a net loss allocable to common stockholders of $2.9 million, or $0.32 per basic and diluted share, for the second quarter of 2016.
07.27.2017
Centrus to Webcast Conference Call on August 3 at 8:30 a.m. ET
BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, August 3, 2017, at 8:30 a.m. ET. The Company will release its second quarter 2017 earnings report for the period ended June 30, 2017, after the close of markets […]
07.17.2017
TIME Magazine Cites Poneman on North Korea
Centrus President and CEO Daniel Poneman’s expertise on North Korea was featured in a recent TIME Magazine article about the rogue nation’s nuclear ambitions. Perhaps the right nudging could prompt the North Koreans to rethink their nuclear obsession. “They prize nothing more highly than regime survival. And they have come to associate their continued possession […]
06.30.2017
Statement: Trump Administration Nuclear Energy Review Signals a Determination to Restore American Nuclear Leadership
"We hope that the Administration’s review is both comprehensive and expeditious, so that the Nation can take urgently needed steps to restore our nuclear leadership. "
06.06.2017
Poneman on Hugh Hewitt Show: Unacceptable for the U.S. to Fall Behind When It Comes to Uranium Enrichment
In an interview with nationally syndicated radio host Hugh Hewitt, Centrus President and CEO Dan Poneman called for a resurgence of U.S. leadership in nuclear energy and for restoring America’s domestic enrichment capability.
05.09.2017
Centrus Reports First Quarter 2017 Results
BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) today reported net income of $7.6 million or $0.73 per common share (basic) and $0.72 per common share (diluted) for the quarter ended March 31, 2017, compared to a net loss of $14.6 million or $1.60 per basic and diluted share for the first quarter of 2016. The company remains on track to meet its annual guidance for nuclear fuel segment revenue, total revenue, and year-end cash balance.
05.03.2017
Centrus to Webcast Conference Call on May 10 at 8:00 a.m. ET
BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, May 10, 2017, at 8:00 a.m. ET. The Company will release its first quarter 2017 earnings report for the period ended March 31, 2017, after the close of markets […]
05.01.2017
Centrus Energy Corp. Regains Compliance with NYSE MKT Continued Listing Standards
BETHESDA, Md. – Centrus Energy Corp. (NYSE MKT: LEU) today reported that it has received notification from the NYSE MKT LLC that the Company has regained compliance with the NYSE MKT’s continued listing standards. “Today’s announcement reflects our focus on shareholder value and the continued progress that we are making,” said Daniel B. Poneman, Centrus’ […]
03.28.2017
Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2016
“Centrus had a successful year, exceeding our revenue and cash targets, reducing our debt load, and making significant progress on our major initiatives to become the world's most diversified nuclear fuel supplier,” said Daniel B. Poneman, Centrus president and chief executive officer. “While the price for uranium enrichment is its lowest ever, we believe that the current state of the fuel market presents opportunities for Centrus."