Centrus reports FY2023 net income $84.4M, revenue $320.2M; HALEU production begins

CENTRUS ENERGY CORP

2023-FY EPS reported $5.44 revenue$320,200,000

Net income of $84.4M ($5.55 basic EPS) vs $52.2M in FY2022; revenue $320.2M (+9% YoY).
LEU segment revenue $269.0M (+$33.4M); Technical Solutions $51.2M (-$7.0M).
Gross profit $112.1M vs $117.9M in FY2022; cash balance $201.2M at Dec 31, 2023.
Originated $189M in new sales contracts; $1B long-term order book maintained.
HALEU Phase 1 completed under budget; Phase 2 delayed by DOE cylinder supply issues.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CENTRUS ENERGY CORP reported the year ended December 31, 2023 results: revenue $320.2 million, net income $84.4 million, EPS $5.44 (diluted) per common share.

Period: the year ended December 31, 2023
Revenue: $320.2 million
Net income: $84.4 million
EPS: $5.44 (diluted) per common share
Result: reported results

Exact text from the filing

Reports Fourth Quarter and Full Year 2023 Results Financial Highlights: • 2023 full year net income of $84.4 million, compared to $52.2 million for 2022 • Centrus revenue of $320.2 million and gross profit of $112.1 million for full year 2023 • Unrestricted cash balance of $201.2 million as of December 31, 2023 • Originated $189 million of new sales contracts,

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Source: SEC EDGAR

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