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”).
08.07.2015
Centrus Reports Second Quarter 2015 Results
Net loss of $15.1 million on revenue of $63.3 million for the quarter; gross profit of $11.2 million for six-month period ending June 30, 2015; cash balance of $218.5 million at June 30, 2015; anticipated year-end 2015 cash balance is reiterated and expected to be in the range of $175 million to $200 million
07.10.2015
Centrus Appoints Stephen S. Greene as Senior Vice President and CFO
Centrus announced today that Stephen S. Greene has been appointed senior vice president, chief financial officer and treasurer, effective July 24, 2015. Mr. Greene has served as vice president, finance and treasurer since 2007.
05.07.2015
CEO Remarks to 2015 Shareholders Meeting
Remarks by Daniel B. Poneman to the annual meeting of Centrus shareholders on May 7, 2015
05.06.2015
Centrus Reports First Quarter 2015 Results
Revenue of $167.8 million and gross profit of $6.9 million are higher than comparative period in 2014; Cash balance of $225 million at March 31, 2015; Anticipated year-end 2015 cash balance is reiterated and expected to be in the range of $175 million to $200 million
04.30.2015
Centrus to Webcast Annual Meeting of Shareholders on May 7
Centrus will webcast its annual meeting of shareholders to be held on Thursday, May 7, 2015, at 10:00 a.m. EDT. The live audio webcast of the annual meeting can be accessed by investors and other interested parties through the Company’s website.
04.17.2015
Centrus Energy Corp. Announces Management Transition
Senior Vice President and Chief Operating Officer Robert Van Namen will be stepping down from his position at Centrus on May 29, 2015
03.16.2015
Centrus Reports Year-end 2014 Results
$297.8 million net income primarily driven by net reorganization items; Cash balance of $218.8 million at December 31, 2014; Year-end 2015 cash balance expected to be in the range of $175 to $200 million
03.11.2015
Centrus to List Shares on NYSE MKT
Centrus believes that the NYSE MKT trading platform is a better fit for its anticipated market capitalization and daily trading volume while allowing the Company to maintain its long-term relationship with the NYSE.
03.05.2015
Daniel Poneman Selected as Centrus President and CEO
Former deputy secretary of energy has decades of leadership in nuclear power; Poneman joins Centrus at pivotal moment to lead effort to move the Company forward; Sees key role for the American Centrifuge technology in providing a domestic source of uranium enrichment for national security and energy security
01.23.2015
Centrus’ American Centrifuge Technology Demonstration and Operations Agreement Extended
Oak Ridge National Laboratory exercises six-month option to continue demonstration and operation of sole U.S. uranium enrichment technology