secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001065059-24-000086
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000106505924000086/0001065059-24-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000106505924000086/leu-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001065059-24-000086

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