secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001065059-25-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centrus Q1 net income $27.2M vs loss of $6.1M YoY; revenue up 67% to $73.1M
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- Net income $27.2M ($1.60 EPS) vs net loss $6.1M in Q1 2024; revenue $73.1M (+67%).
- LEU segment revenue $51.3M (+117%) driven by 46% higher SWU price and 49% volume increase.
- Gross profit surged 665% to $32.9M; LEU gross profit $31.2M vs $0.5M last year.
- Redeemed $74.3M of 8.25% notes, recording $11.8M gain; cash balance $653.0M.
- Backlog $3.8B (extending to 2040); HALEU delivered ~670 kg to DOE; DOE contracts backed by $3.4B in appropriations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000106505925000022/0001065059-25-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000106505925000022/leu-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001065059-25-000022

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