Centrus Energy reports Q2 EPS $1.59 vs.$1.89 last year

Reports Q2 revenue $154.5M, consensus $130.6M. The Company’s backlog is $3.6B as of June 30 and extends to 2040 “Centrus delivered another strong quarter of revenue and margins while successfully continuing our preparations ahead of our future enrichment build-out,” said Centrus President and CEO Amir Vexler. “We achieved yet another important operational milestone this quarter, contractually delivering 900 kilograms of HALEU to the Department of Energy. By successfully reaching our contractual production target, we have further confirmed our technology’s ability to operate as expected and predictably deliver results for our customers and for the nation. The Department of Energy also initiated Phase 3 by exercising an option to extend our competitively-awarded contract.”