secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001065059-23-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centrus Q2 net income $12.7M, revenue $98.4M; NRC authorizes HALEU production
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- Net income of $12.7M ($0.84 basic EPS) vs $37.4M in Q2 2022; revenue down 0.7% to $98.4M.
- Received NRC authorization to produce HALEU; expects to complete Phase I by end of 2023.
- Signed MoU with TerraPower to accelerate HALEU production; cash balance $212.5M.
- LEU segment revenue up $2.1M to $87.6M; Technical Solutions down $2.8M to $10.8M.
- Gross profit decreased to $28.0M from $60.9M due to contract mix and pricing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000106505923000041/0001065059-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000106505923000041/leu-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001065059-23-000041

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