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Centrus Energy Corp. (LEU) provides essential nuclear fuel solutions through American centrifuge technology, serving utilities and advanced reactor developers worldwide. This news hub offers investors and industry professionals direct access to verified updates about the company's operations, partnerships, and technological advancements.
Track all official announcements including quarterly earnings, contract awards with utility providers, Department of Energy collaborations, and progress in domestic uranium enrichment capabilities. Our curated feed ensures you never miss critical developments in LEU production, HALEU initiatives, or strategic public-private partnerships.
Discover updates categorized for easy navigation: financial performance disclosures, regulatory milestones, technology deployments, and supply chain developments. Each entry provides context about LEU's role in strengthening U.S. energy security through nuclear fuel innovation.
Bookmark this page for streamlined monitoring of Centrus Energy's progress in restoring America's uranium enrichment leadership. Check back regularly for unfiltered access to primary source materials and analysis-neutral reporting on company activities.
Centrus Energy Corp (NYSE American: LEU) has announced its upcoming first quarter 2025 earnings conference call, scheduled for Thursday, May 8, 2025, at 8:30 a.m. ET. The company will release its Q1 2025 financial results, covering the period ended March 31, 2025, after market close on Wednesday, May 7, 2025.
Shareholders and financial community members can access the conference call through the company's website at CentrusEnergy.com. The webcast link will be available in the Investor Relations section, and a replay will remain accessible until May 20, 2025.
Centrus Energy Corp. (NYSE America: LEU) has announced its management's participation in several upcoming investor conferences in March 2025. The schedule includes:
- One-on-one investor meetings at the Morgan Stanley Energy & Power Conference in New York on March 3
- Participation in the UBS Nuclear Virtual Conference on March 6
- One-on-one investor meetings at the 37th Annual Roth Conference in Dana Point, CA on March 17-18
- One-on-one investor meetings at the UBS Global Energy and Utilities Conference in London on March 26
Interested parties can request meetings with management through their Morgan Stanley, UBS, or Roth representatives.
Centrus Energy (NYSE: LEU) reported strong financial results for 2024, with revenue increasing to $442.0 million from $320.2 million in 2023. Net income reached $73.2 million, though slightly down from $84.4 million in the previous year. The company significantly strengthened its balance sheet by closing $402.5 million of convertible senior notes, resulting in an unrestricted cash balance of $671.4 million.
The LEU segment generated revenue of $349.9 million, up 30% year-over-year, while Technical Solutions revenue grew 80% to $92.1 million. The company announced a $60.0 million investment in centrifuge manufacturing at Oak Ridge, Tennessee, and was selected for multiple Department of Energy contracts for LEU and HALEU production. The company's backlog stands at $3.7 billion, extending to 2040, including approximately $2.0 billion in contingent LEU sales contracts.
Centrus Energy Corp. (NYSE American: LEU) has announced its upcoming quarterly conference call, scheduled for Friday, February 7, 2025, at 8:30 a.m. ET. The company will first release its fourth quarter and full year 2025 earnings report after market close on Thursday, February 6, 2025.
The conference call will be accessible to listeners through a webcast on the company's website, CentrusEnergy.com, with the link available in the Investor Relations section. Interested parties can access the webcast replay through February 19, 2025.
Centrus Energy Corp. (NYSE America: LEU) has announced its upcoming participation in the Goldman Sachs Energy, CleanTech & Utilities Conference on January 8, 2025. The company's management will engage in a fireside chat session at 2:20 PM ET and will be available for one-on-one investor meetings throughout the day.
Investors can access a webcast of the fireside chat through Centrus' Investor Relations website. Those interested in scheduling meetings with management or requesting an invitation to the conference should contact their Goldman Sachs representative.
Centrus Energy (NYSE American: LEU) has secured its third award from the U.S. Department of Energy for expanding domestic commercial production of Low-Enriched Uranium (LEU). The company's subsidiary, American Centrifuge Operating, is among six awardees, with contracts ranging from $2 million minimum to $3.4 billion maximum over ten years.
The company announced plans to invest $60 million over 18 months to resume centrifuge manufacturing, expand its Tennessee facility, and prepare its Ohio facility for operations. The project will utilize domestic engineering and a supply chain spanning 14 American-owned suppliers across 13 states.
This award follows two previous selections: one for producing High-Assay, Low-Enriched Uranium (HALEU) for advanced reactors and another for deconverting HALEU from uranium hexafluoride to uranium oxide/metal forms.
Centrus Energy Corp (NYSE America: LEU) announced its upcoming participation in Bank of America's Clean Energy Symposium on December 5. The company's management will be featured in a panel discussion at 1:15 PM ET and will be available for one-on-one investor meetings throughout the day. Interested parties can arrange meetings through their Bank of America representatives.
Centrus Energy Corp. (NYSE American: LEU) announced a $60 million investment to resume and expand centrifuge manufacturing at its Oak Ridge, Tennessee facility. This investment, planned over 18 months, aims to support a potential multi-billion dollar expansion of uranium enrichment at the American Centrifuge Plant in Piketon, Ohio. The announcement follows securing over $2 billion in customer commitments for Low-Enriched Uranium production and two U.S. Department of Energy awards for HALEU enrichment and deconversion. The company is competing for over $3.4 billion in federal funding to boost domestic nuclear fuel production.
Centrus Energy (NYSE American: LEU) has appointed Neal Nagarajan as Senior Vice President and Head of Investor Relations. Nagarajan will oversee investor relationships and communicate the company's business strategy, governance, and financial performance. He joins from Sloane & Company, where he served as Senior Vice President of IR and Special Situations. His previous experience includes leadership roles at Sard Verbinnen & Company and work as an M&A investment banker. Nagarajan holds an MBA from Georgetown University and degrees in Economics and International Affairs from The George Washington University.
Centrus Energy (NYSE American: LEU) has priced a $350 million private offering of 2.25% Convertible Senior Notes due 2030. The notes will bear interest at 2.25% annually, payable semiannually, and mature on November 1, 2030. The initial conversion rate is 10.2564 shares per $1,000 principal amount, equivalent to $97.50 per share. The company expects net proceeds of approximately $337.9 million, which will be used for general working capital, technology development, debt repayment, capital expenditures, and potential acquisitions.
