Centrus Energy ( (LEU) ) has released its Q2 earnings. Here is a breakdown of the information Centrus Energy presented to its investors.
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Centrus Energy Corp. is a leading American supplier of nuclear fuel and services, specializing in the production of High-Assay, Low-Enriched Uranium (HALEU) to support the nuclear power industry and meet clean energy demands. In its second quarter of 2025, Centrus Energy reported a net income of $28.9 million on revenues of $154.5 million, reflecting a decrease from the previous year. The company successfully completed Phase 2 of its HALEU Operation Contract, delivering 900 kilograms of HALEU to the Department of Energy, and secured a portion of Phase 3 valued at $110 million. Key financial metrics indicate a decrease in revenue from the LEU segment by 26% due to reduced uranium and SWU sales, while the Technical Solutions segment saw a 48% increase in revenue, driven by the HALEU contract. Gross profit rose by 48% to $53.9 million, and the company strengthened its balance sheet with $114 million from an equity offering. Looking ahead, Centrus Energy remains focused on expanding its enrichment capabilities and securing additional contracts to support its growth and contribute to the U.S. energy market.