Centrus reports Q3 net loss of $5M; secures $2.7B DOE HALEU contract ceiling

CENTRUS ENERGY CORP

2024-Q3 EPS reported $1.20 revenue$290,400,000

Net loss of $5.0M ($0.30/share) vs net income of $8.2M in Q3 2023.
Revenue rose 12% to $57.7M, driven by Technical Solutions segment ($22.9M vs $10.8M YoY).
DOE selected Centrus for HALEU production (ceiling $2.7B) and deconversion contracts.
Signed $1.1B in new contingent LEU commitments, total $2.0B YTD; backlog $3.8B.
Cash balance $194.3M; cumulative HALEU deliveries ~332 kg.

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