secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001065059-23-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centrus posts Q3 net income of $8.2M vs loss year ago; begins HALEU production
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- Net income $8.2M ($0.53 basic EPS) on revenue $51.3M vs net loss $6.1M on $33.2M revenue in Q3 2022.
- LEU segment revenue $40.5M (+$20.3M YoY) on higher SWU volume and price; Technical Solutions $10.8M (-$2.2M).
- Began HALEU enrichment operations Oct 11; completed Phase 1 of DOE contract Nov 6, producing 20 kg HALEU UF6.
- Annuitized $186.5M pension obligations for 1,400 beneficiaries; expects ~$15.1M settlement income in Q4.
- Signed MOUs with TerraPower and Oklo to support additional HALEU production capacity in Piketon, Ohio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000106505923000069/0001065059-23-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000106505923000069/leu-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001065059-23-000069

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