---
schema_version: "secwatch.filing_event.v1"
accession: "0001065059-23-000013"
form_type: "8-K"
ticker: "LEU"
cik: "0001065059"
company_name: "CENTRUS ENERGY CORP"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T12:02:51.855694+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Centrus Q1 net income $7.2M vs loss; HALEU cascade construction complete

## Summary
- Net income of $7.2M ($0.49 basic EPS) vs net loss of $0.4M in Q1 2022; revenue rose to $66.9M from $35.3M.
- Gross profit climbed to $23.0M from $6.3M; cash balance stood at $188.8M as of March 31, 2023.
- LEU segment revenue $58.8M (up $41.1M) driven by higher SWU volume and price; Technical Solutions revenue $8.1M.
- Completed construction and initial testing of HALEU centrifuge cascade in Piketon, OH; aiming to begin production by end of 2023.

## SEC filing metadata
- accession: 0001065059-23-000013
- form_type: 8-K
- ticker: LEU
- cik: 0001065059
- company_name: CENTRUS ENERGY CORP
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065059/000106505923000013/0001065059-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065059/000106505923000013/leu-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065059-23-000013
- JSON: https://secwatch.observer/filing/0001065059-23-000013.json
- Plain text: https://secwatch.observer/filing/0001065059-23-000013.txt

## Key facts
- Earnings Releases
  CENTRUS ENERGY CORP reported the quarter ended March 31, 2023 results: revenue $66.9 million, net income net income of $7.2 million, EPS $0.49 (basic) and $0.47 (diluted).
  - Period: the quarter ended March 31, 2023
  - Revenue: $66.9 million
  - Net income: net income of $7.2 million
  - EPS: $0.49 (basic) and $0.47 (diluted)
  - Result: reported results
  source text: Centrus Reports First Quarter 2023 Results • Net income of $7.2 million on $66.9 million in revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065059/000106505923000013/0001065059-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.