secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2026-08-05T20:37:30+00:00
Accession:  0001628280-26-053433
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000162828026053433/0001628280-26-053433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000162828026053433/leu-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-053433

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