earnings
confidence high
sentiment negative
materiality 0.65
Centrus Q3 net loss of $6.1M on $33.2M revenue; prior year had $42.1M net income including $43.5M settlement
CENTRUS ENERGY CORP
2022-Q3 EPS reported
$2.06
revenue$167,600,000
- Net loss allocable to common stockholders of $6.1M ($0.42 per share) vs net income of $42.1M in Q3 2021.
- Revenue fell to $33.2M from $91.3M; prior year included $43.5M one-time settlement for pension claims.
- LEU segment revenue $20.2M (down from $32.0M) due to lower average SWU price; Technical Solutions $13.0M (down from $59.3M).
- Secured $270M in new sales contracts and commitments year-to-date, with deliveries through 2030.
- Progress on DOE HALEU demonstration contract; Congress approved $700M for HALEU under Inflation Reduction Act.