Centrus Q2 net income $28.9M on revenue $154.5M, down 18% YoY; DOE exercises HALEU option

CENTRUS ENERGY CORP

2025-Q2 EPS reported $3.22 revenue$227,600,000

Net income $28.9M ($1.59 diluted EPS) vs $30.6M in Q2 2024; revenue $154.5M vs $189.0M, down 18%.
LEU segment revenue $125.7M (-26% YoY) on lower uranium and SWU volumes; gross profit up 54% to $50.7M.
Technical Solutions revenue $28.8M (+48% YoY) driven by HALEU contract; DOE exercised Option 1a valued ~$99.3M target cost.
Backlog $3.6B (LEU $2.7B, Technical Solutions $0.9B); raised $114M net via ATM equity offering.
Completed Phase 2 HALEU delivery of 900 kg to DOE; now producing under Option 1a through June 2026.

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