secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001628280-25-049679
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centrus Q3 net income $3.9M vs loss; closes $805M notes; backlog $3.9B
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- Net income $3.9M ($0.19 diluted) on revenue $74.9M, vs net loss $5.0M on $57.7M revenue in Q3 2024.
- Closed upsized $805M 0% convertible notes due 2032; net proceeds ~$782.4M; cash balance $1.6B.
- Secured U.S. government waivers for 2026-2027 Russian committed deliveries; signed agreement with KHNP and POSCO International for Piketon expansion.
- Backlog $3.9B extends to 2040; LEU segment backlog $3.0B including $2.3B contingent on capacity.
- Gross loss $4.3M vs gross profit $8.9M; LEU segment gross loss $7.8M vs profit $5.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000162828025049679/0001628280-25-049679-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000162828025049679/leu-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-049679

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