secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001065059-23-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000106505923000013/0001065059-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000106505923000013/leu-20230508.htm
  HTML page:      https://secwatch.observer/filing/0001065059-23-000013

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