News & Videos - CENTRUS ENERGY

Centrus to Participate in B.Riley Securities 24th Annual Institutional Investor Conference PR Newswire BETHESDA, Md., May 13, 2024 Will Hold Fireside Chat at 2:30 PM PT on May 22, 2024 BETHESDA, Md. , May 13, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Amir Vexler, President and Chief Executive Officer, and Kevin Harrill, Chief Financial Officer, are scheduled to participate in the 24 th B.Riley Securities Institutional Investor Conference on May 22, 2024...

Centrus Reports First Quarter 2024 Results PR Newswire BETHESDA, Md., May 7, 2024 Net loss of $6.1 million on $43.7 million in revenue, compared to net income of $7.2 million on $66.9 million in revenue in Q1 2023 Consolidated cash balance of $209.3 million as of March 31, 2024 Continued enrichment operations in Piketon, Ohio , with total production of approximately 135 kilograms of High Assay Low-Enriched Uranium ("HALEU") Signed approximately $900 million in contingent sales commitments for...

Centrus to Webcast Conference Call on May 8 at 8:30 a.m. ET PR Newswire BETHESDA, Md., April 24, 2024 BETHESDA, Md. , April 24, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, May 8, 2024 , at 8:30 a.m. ET . The Company will release its first quarter earnings report for 2024, which ended March 31, 2024 , after the close of markets on Tuesday, May 7 . The...

Centrus to Ring the NYSE Closing Bell to Commemorate Start of U.S. HALEU Production PR Newswire BETHESDA, Md., March 4, 2024 BETHESDA, Md. , March 4, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that, in recognition of the launch of the first U.S.-owned and U.S. technology uranium enrichment plant to begin production in 70 years, President and CEO Amir Vexler will ring The Closing Bell® at the New York Stock Exchange at 4:00 p.m. ET tomorrow, Tuesday , March 5,...

Centrus to Participate in 36th Annual Roth Capital Partners Conference PR Newswire BETHESDA, Md., Feb. 26, 2024 BETHESDA, Md. , Feb. 26, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Amir Vexler , President and Chief Executive Officer, and Kevin Harrill , Chief Financial Officer, are scheduled to participate in the 36th Annual Roth Capital Partners Conference on March 18 in Dana Point, California . The company will participate in a fireside chat at 10:30am...

Centrus Reports Fourth Quarter and Full Year 2023 Results PR Newswire BETHESDA, Md., Feb. 8, 2024 Financial Highlights: 2023 full year net income of $84.4 million , compared to $52.2 million for 2022 Centrus revenue of $320.2 million and gross profit of $112.1 million for full year 2023 Unrestricted cash balance of $201.2 million as of December 31, 2023 Originated $189 million of new sales contracts, maintaining our $1 billion long-term order book as of December 31, 2023 BETHESDA, Md. , Feb. 8,...

Centrus to Webcast Conference Call on February 9 at 8:30 a.m. ET PR Newswire BETHESDA, Md., Jan. 29, 2024 BETHESDA, Md. , Jan. 29, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, February 9, 2024 , at 8:30 a.m. ET . The Company will release its fourth quarter/year-end earnings report for 2023, which ended December 31, 2023 , after the close of markets on...

Centrus Energy Announces Departure from Board of Directors PR Newswire BETHESDA, Md., Dec. 21, 2023 Neil Subin stepping down effective December 31, 2023 BETHESDA, Md. , Dec. 21, 2023 /PRNewswire/ -- Centrus Energy Corp (NYSE American: LEU) announced today that Neil S. Subin has decided to leave the company's Board of Directors effective December 31 , 2023. Mr. Subin has served on the Board since 2017 and remains a major investor in the company. "On behalf of the entire Board, I want to express...

Lightbridge and Centrus Energy Enter into a Contract to Conduct a FEED Study for a Lightbridge Pilot Fuel Fabrication Facility in Piketon, Ohio PR Newswire RESTON, Va. and BETHESDA, Md., Dec. 7, 2023 Agreement Signed at COP28 in Dubai , United Arab Emirates RESTON, Va. and BETHESDA, Md. , Dec. 7, 2023 /PRNewswire/ -- Lightbridge Corporation ("Lightbridge") (Nasdaq: LTBR) and Centrus Energy Corp. ("Centrus") (NYSE American: LEU) today announced a contract to conduct a front-end engineering and...

Centrus Energy CEO Dan Poneman to Speak at COP 28 PR Newswire BETHESDA, Md., Dec. 4, 2023 BETHESDA, Md. , Dec. 4, 2023 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) President and CEO Dan Poneman will attend COP 28 in Dubai , United Arab Emirates on Wednesday, December 6 th and Thursday, December 7 th to discuss the importance of nuclear energy in meeting the growing global need for clean energy, as well as the need to restore American leadership in the global supply chain for enriched...

Centrus Reports Third Quarter 2023 Results PR Newswire BETHESDA, Md., Nov. 7, 2023 Began production of High-Assay Low-Enriched Uranium (HALEU) in October 2023 and Completed Phase I of Department of Energy contract in November 2023 . Annuitized $186.5 million of pension plan obligations for 1,400 beneficiaries, de-risking balance sheet and improving the capital structure Net income of $8.2 million on $51.3 million in revenue, compared to net loss of $6.1 million on $33.2 million in revenue in Q3...

Centrus Makes First HALEU Delivery to U.S. Department of Energy PR Newswire BETHESDA, Md., Nov. 7, 2023 BETHESDA, Md. , Nov. 7, 2023 /PRNewswire/ -- Today, Centrus Energy Corp. announced that it has made its first delivery of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, completing Phase One of its contract with the Department by successfully demonstrating its HALEU production process . Centrus will now move on to Phase Two of the contract – requiring a full year...

Centrus to Webcast Conference Call on November 8 at 8:30 a.m. ET PR Newswire BETHESDA, Md., Oct. 30, 2023 BETHESDA, Md. , Oct. 30, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, November 8, 2023 , at 8:30 a.m. ET . The Company will release its third quarter earnings report for 2023, which ended September 30, 2023 , after the close of markets on Tuesday,...

Centrus Begins Enrichment Operations in Ohio PR Newswire PIKETON, Ohio, Oct. 11, 2023 First New U.S.-Owned Uranium Enrichment Plant to Begin Production Since 1954 PIKETON, Ohio , Oct. 11, 2023 /PRNewswire/ -- Today, Centrus Energy announced that it has begun enrichment operations at its High-Assay Low-Enriched Uranium (HALEU) facility in Piketon, Ohio , and expects to begin withdrawing HALEU product later this month. It is the only NRC-licensed HALEU facility in the United States and the first...

Centrus to Participate in TD Cowen's Nuclear Fuel Cycle Roundtable PR Newswire BETHESDA, Md., Sept. 28, 2023 BETHESDA, Md. , Sept. 28, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B. Poneman , Chief Executive Officer, is scheduled to participate in TD Cowen's Nuclear Fuel Cycle Roundtable on Thursday, October 5, 2023 . The company will participate in a fireside chat at 12:50 p.m. Eastern Time . To request an invitation or to schedule a one-on-one...

Centrus to Participate in H.C. Wainwright's 25th Annual Global Investment Conference PR Newswire BETHESDA, Md., Sept. 8, 2023 BETHESDA, Md. , Sept. 8, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B. Poneman , Chief Executive Officer, is scheduled to participate at H.C. Wainwright's 25th Annual Global Investment Conference on September 11-12, 2023 , in New York, NY . The company will host a presentation on Tuesday, September 12, 2023 , at 8:30 a.m....

Centrus to Begin HALEU Production in October PR Newswire BETHESDA, Md., Sept. 6, 2023 BETHESDA, Md. , Sept. 6, 2023 /PRNewswire/ -- Centrus Energy Corp (NYSE American: LEU) announced today that it expects to begin first-of-a-kind production of High-Assay Low-Enriched Uranium (HALEU) in October 2023 , approximately two months ahead of schedule, at the American Centrifuge Plant in Piketon , Ohio. "This will be the first new U.S.-owned uranium enrichment plant to begin production since 1954," said...

Oklo and Centrus Energy Sign Memorandum of Understanding for Fuel, Components, and Power Procurement to Support the Deployment of Advanced Fission Technologies in Southern Ohio PR Newswire PIKETON, Ohio, Aug. 28, 2023 PIKETON, Ohio , Aug. 28, 2023 /PRNewswire/ -- Oklo Inc. ("Oklo") and Centrus Energy Corp. ("Centrus") (NYSE American: LEU) today announced a new Memorandum of Understanding ("MOU") between the two companies to support the deployment of Oklo's advanced fission powerhouses and...

Centrus Reports Second Quarter 2023 Results PR Newswire BETHESDA, Md., Aug. 3, 2023 Received Nuclear Regulatory Commission (NRC) authorization to produce High-Assay Low-Enriched Uranium (HALEU) Expect to complete Phase I HALEU production by the end of 2023 Signed Memorandum of Understanding with TerraPower to accelerate HALEU production Net income of $12.7 million on $98.4 million in revenue, compared to net income of $37.4 million on $99.1 million in revenue in Q2 2022 Consolidated cash balance...

Centrus to Webcast Conference Call on August 4 at 8:30 a.m. ET PR Newswire BETHESDA, Md., July 25, 2023 BETHESDA, Md. , July 25, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, August 4, 2023 , at 8:30 a.m. ET . The Company will release its second quarter earnings report for 2023, which ended June 30, 2023 , after the close of markets on Thursday, August 3 . The...