Centrus Energy reports Q1 EPS $1.60, consensus (38c)

Reports Q1 revenue $73.1M, consensus $68.12M. “This was a strong first quarter for Centrus as we delivered robust financial results,” said CEO Amir Vexler. “Our operations have not been impacted by tariffs, and we are well positioned to execute on our expansion plans once federal funding decisions are made. We are confident in our compelling investment case for the $3.4B in funding that Congress has provided to jumpstart domestic nuclear fuel production. Centrus is the only company currently enriching uranium with U.S.-owned, U.S.-origin technology backed by an American supply chain and powered by American workers that can meet national security needs. This is not the time to send hard-earned U.S. taxpayer dollars overseas and reinforce the monopoly of the foreign, state-owned companies that already dominate the market. Our continuous, reliable, and safe enrichment operations for the government, along with our track record of achieving milestones on schedule and on budget, provide us with the confidence to restore America’s ability to enrich uranium at scale.”