LEU - Dividend announcements

2024 full year revenue of $442.0 million and gross profit of $111.5 million, compared to prior year revenue of $320.2 million and gross profit of $112.1 million2024 full year net income of $73.2 million, compared to prior year net income of $84.4 millionStrengthened balance sheet by closing $402.5 million of convertible senior notes resulting in unrestricted cash balance of $671.4 million as of December 31, 2024Announced approximately $60.0 million investment in centrifuge manufacturing activities and capacity at Oak Ridge, Tennessee, in order to de-risk the supply chain and accelerate deploymentSelected as one of the U.S. Department of Energy ("DOE") contract awardees for low-enriched urani

Financial Highlights: 2023 full year net income of $84.4 million, compared to $52.2 million for 2022Centrus revenue of $320.2 million and gross profit of $112.1 million for full year 2023Unrestricted cash balance of $201.2 million as of December 31, 2023Originated $189 million of new sales contracts, maintaining our $1 billion long-term order book as of December 31, 2023BETHESDA, Md., Feb. 8, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) ("Centrus" or the "Company") today reported 2023 results. The Company reported net income of $84.4 million for the year ended December 31, 2023, which is $5.55 (basic) and $5.44 (diluted) per common share.

Financial Highlights: LEU segment revenue of $112.2 million and segment gross profit of $67.0 million in the fourth quarter of 2022.2022 full year net income of $52.2 million, which reflects a one-time loss accrual of $21.3 million for the cost share associated with the U.S. Department of Energy HALEU Operation Contract Award.Commercial Highlights: Secured a $150 million, competitively-awarded contract to complete construction and begin operation of a HALEU demonstration cascade.First-of-a-Kind HALEU production to begin by the end of 2023.Originated record $270 million of new sales contracts throughout 2022, contributing to the $1 billion long-term order book for our LEU segment as of Decemb

Secured more than $270 million in new sales contracts and commitments year-to-dateContinued to meet all milestones under the contract with the U.S. Department of Energy (DOE) to deploy a cascade of centrifuges to demonstrate production of High-Assay, Low-Enriched Uranium (HALEU)Net loss of $6.1 million on revenue of $33.2 million in Q3 2022, compared to net income of $42.1 million on $91.3 million in revenue in Q3 2021BETHESDA, Md., Nov. 8, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) ("Centrus" or the "Company") today reported third quarter 2022 results. The Company reported a net loss of $6.1 million for the quarter ended September 30, 2022, compared to net income of $42.1 million

BETHESDA, Md., Aug. 4, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) ("Centrus" or the "Company") today reported second quarter 2022 results. Highlights Net income of $37.4 million on revenue of $99.1 million in Q2 2022, compared to net income of $11.6 million on $62.4 million in revenue in Q2 2021Long-term order book valued at approximately $1.0 billion as of June 30, 2022, and December 31, 2021Secured more than $135 million in new sales contracts and commitments in 2022Continued to meet all milestones under the DOE HALEU contractCentrus Energy Corp. today reported net

Financial Highlights Gross profit of $6.3 millionNet loss of $0.4 million on $35.3 million in revenueConsolidated cash balance of $168.5 million as of March 31, 2022Long-term order book valued at $1 billion as of March 31, 2022Business Highlights Continued to meet all milestones under the DOE HALEU contractCompleted conceptual design for commercial-scale HALEU cascadeBETHESDA, Md., May 5, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) today reported a net loss of $0.4 million for the quarter ended March 31, 2022, compared to net income of $5.1 million for the first quarter of 2021.  The net loss allocable to common stockholders in the first quarter of 2022 was $0.4 million, or $0.03 (b

BETHESDA, Md., Nov. 23, 2021 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) ("Centrus" or the "Company") today announced the final results of its tender offer (the "Offer") to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share (the "Series B Preferred Shares") at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation (the "Consent Solicitation") to amend the certificate of designation of the Series B Preferred Shares (the "Series B Preferred Amendment"). The Offer and Consent Solicitation expired at 5:00 p.m., Eastern time on

BETHESDA, Md., Nov. 18, 2021 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) ("Centrus" or the "Company") today announced the preliminary results of its tender offer (the "Offer") to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share (the "Series B Preferred Shares") at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation (the "Consent Solicitation") to amend the certificate of designation of the Series B Preferred Shares (the "Series B Preferred Amendment"). The Offer and Consent Solicitation expired at 5:00 p.m., Eastern t

BETHESDA, Md., Nov. 10, 2021 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) today reported net income of $42.1 million for the quarter ended September 30, 2021, compared to net loss of $7.0 million for the third quarter of 2020. The net income allocable to common stockholders in the third quarter of 2021 was $41.4 million, or $3.01 (basic) and $2.95 (diluted) per common share. "Looking forward, we are going to stay focused on pioneering the emerging market for HALEU, winning new sales, delivering strong margins, and strengthening our balance sheet," said Daniel B. Poneman, Ce

BETHESDA, Md., Oct. 20, 2021 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) ("Centrus" or the "Company") announced that the Company is commencing today a tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share (the "Series B Preferred Shares"), at a price per Series B Preferred Share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20, less any applicable withholding taxes. The aggregate liquidation preference per Series B Preferred Share (including accrued but unpaid dividends) was $1,347.29 as of September 30, 2021. The tender offer will expire at 5:00 p.m., Eastern Standard Time, on Thursday, November 18, 2021, unless

BETHESDA, Md., Aug. 11, 2021 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) today reported net income of $11.6 million for the quarter ended June 30, 2021, compared to net income of $33.7 million for the second quarter of 2020. The prior period included a one-time payment of $32.4 million collected from a customer as part of the customer's bankruptcy proceeding. The net income allocable to common stockholders in the second quarter of 2021 was $10.9 million, or $0.81 (basic) and $0.79 (diluted) per common share. "The second quarter was another profitable and productive one fo

BETHESDA, Md., May 11, 2021 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) today reported net income of $5.1 million for the quarter ended March 31, 2021, compared to a net income of $11.3 million for the first quarter of 2020. The net loss allocable to common stockholders of $2.2 million, or $0.17 (basic and diluted) per common share under GAAP was the result of an exchange of common for preferred shares. Without giving effect to the exchange, on a non-GAAP basis the adjusted net income per share was $0.34 (basic) and $0.33 (diluted) (see Non-GAAP description and reconciliation table below).