Reports Q3 revenue $74.9M, consensus $80.36M. “Centrus continued to build on its strong year-to-date financial results in the third quarter while making significant progress in preparation for our enrichment build-out,” said CEO Amir Vexler. “We de-risked and strengthened our business across a number of initiatives, including securing U.S. government import waivers for our 2026 and 2027 committed deliveries, significantly expanding our cash balance, beginning to hire across our operations, and signing an agreement with KHNP and POSCO International to support our planned expansion. With LEU SWU prices near historic highs, there is clear, accelerating market demand for a new U.S.-owned enrichment supply to service the domestic and global markets. Centrus is proud to offer a publicly-traded, American source of enrichment that can meet both the commercial and national security needs.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEU:
- Is LEU a Buy, Before Earnings?
- Centrus Energy price target raised to $275 from $164 at JPMorgan
- Energy Stocks Rise on Trump’s Move to Bolster Data Center Speed
- Centrus Energy falls -17.3%
- Nuclear Stocks Rally after U.S. Army Announces Plan to Roll Out Small Reactors