secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001065059-22-000031
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centrus Q3 net loss of $6.1M on $33.2M revenue; prior year had $42.1M net income including $43.5M settlement
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000106505922000031/0001065059-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000106505922000031/leu-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001065059-22-000031

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