Centrus Q2 revenue up 14% to $176.1M; GAAP net income down 42%; signs $900M HALEU contract

CENTRUS ENERGY CORP

Revenue $176.1M (+14% YoY); GAAP net income $16.8M ($0.85 basic EPS) down 42% YoY.
Non-GAAP adjusted net income $38.7M ($1.95 basic adjusted EPS) up 12% YoY.
Signed $900M HALEU enrichment award contract with DOE; contingent LEU/HALEU backlog $3.0B.
Selected Geiger Brothers for major enrichment plant expansion; first centrifuge by year-end 2026; raising Piketon hiring to 175.
DOE FY2027 budget does not fund HALEU Operation Contract; DOE does not intend to exercise further options.

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