Centrus Energy Q2 net income $30.6M ($1.89 EPS) on revenue $189M, up 92% YoY

CENTRUS ENERGY CORP

2024-Q2 EPS reported $1.52 revenue$232,700,000

Net income $30.6M vs $12.7M in Q2 2023; diluted EPS $1.89.
Revenue $189.0M (up from $98.4M); LEU segment $169.6M driven by SWU volume and price increases.
Annuitized $234M of pension obligations for >1,000 beneficiaries; recorded $16.6M settlement gain.
DOE granted waiver for Russian LEU imports for U.S. customer deliveries in 2024-2025; 2026-2027 decision deferred.
Backlog totals $2.7B, with $1.7B LEU backlog plus $900M contingent commitments and $1.0B Technical Solutions backlog.

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