Highest-materiality recent filing
Centrus signs $900M DOE contract for HALEU enrichment; total value with options $1.07B
Contract with DOE for $900M fixed price to deploy HALEU enrichment capacity and deliver 1 MTU by March 2032.
Centrus signs LOI to supply HALEU to Oklo for Ohio nuclear campus; deliveries start 2029
Centrus (LEU) will supply HALEU from Piketon, OH to power up to five Oklo Aurora powerhouses for multiple years, deliveries beginning 2029.
Centrus Q1 rev up 5% to $76.7M, net income down 63%; raises FY rev guidance to $450-500M
GAAP net income $10.0M ($0.45 diluted EPS); adjusted net income $23.5M ($1.05 adjusted diluted EPS).
Centrus selects Geiger Brothers as construction contractor for Piketon enrichment plant expansion
Contract capped at $900M; primary contractor for refurbishment, equipment installation, new infrastructure through Jan 30, 2031.
Centrus signs EPC contract with Fluor for multi-billion-dollar Ohio enrichment plant expansion
American Centrifuge Operating subsidiary signed EPC agreement with Fluor Federal Services for design, procurement, construction, and commissioning of Piketon facility.
Centrus FY2025 net income $77.8M, revenue $448.7M; awarded $900M DOE HALEU task order
FY2025 revenue $448.7M; gross profit $117.5M; net income $77.8M ($4.33 basic EPS).
Centrus to invest $560M+ in Oak Ridge plant expansion, create 430 jobs
Plans to transition Oak Ridge facility to high-rate centrifuge manufacturing plant.
Centrus begins commercial centrifuge manufacturing for LEU enrichment; targets 2029 production
Company has started centrifuge manufacturing at Oak Ridge, TN, for commercial LEU enrichment at Piketon, OH.
Centrus Energy approved to uplist from NYSE American to NYSE, effective Dec 4, 2025
NYSE approved Centrus's uplisting; shares to transfer from NYSE American to NYSE beginning Dec 4, 2025.
Centrus establishes $1B ATM equity offering program with multiple sales agents
Entered ATM equity sales agreement for up to $1,000,000,000 in Class A common stock.
Centrus Q3 net income $3.9M vs loss; closes $805M notes; backlog $3.9B
Net income $3.9M ($0.19 diluted) on revenue $74.9M, vs net loss $5.0M on $57.7M revenue in Q3 2024.
Centrus plans multi-billion-dollar Piketon expansion, 1,300 new jobs contingent on DOE
Expansion would create 1,000 construction jobs and 300 operations jobs, retain 127 existing jobs.
Centrus signs MOU with KHNP and POSCO for potential investment in Ohio enrichment plant
Non-binding MOU with Korea Hydro & Nuclear Power and POSCO International to explore investment in Centrus' Piketon, Ohio enrichment plant.
DOE grants Centrus waiver to import Russian LEU for 2026-2027 deliveries
On August 4, 2025, DOE issued a waiver allowing import of Russian LEU for all committed U.S. customer deliveries in 2026 and 2027.
Centrus Energy issues $805M 0% convertible notes due 2032, net proceeds ~$782M
$805M aggregate principal of 0% convertible senior notes due 2032 issued to initial purchasers.
Centrus prices $700M zero-coupon convertible notes due 2032, upsized from $650M
$700M aggregate principal of 0% convertible senior notes due Aug 15, 2032; initial purchasers can buy another $105M.
Centrus proposes $650M convertible note offering due 2032
Offering $650M aggregate principal of convertible senior notes due 2032 with option for up to $100M additional.
Centrus Energy CFO Kevin Harrill resigns; Todd Tinelli appointed as successor
Kevin Harrill resigns as SVP, CFO, and Treasurer effective Aug 10, 2025 to pursue other opportunities; no disagreement with company.
Centrus Q2 net income $28.9M on revenue $154.5M, down 18% YoY; DOE exercises HALEU option
Net income $28.9M ($1.59 diluted EPS) vs $30.6M in Q2 2024; revenue $154.5M vs $189.0M, down 18%.
Centrus delivers 900 kg HALEU to DOE, completes Phase II target
Achieved production target for Phase II of DOE contract with delivery of 900 kg of HALEU.
Centrus Energy secures ~$110M DOE contract extension for HALEU production through June 2026
DOE exercised Option 1a valued at approx. $110M, extending HALEU production to June 30, 2026.
Centrus Energy increases ATM offering capacity to $200M from $100M
ATM Program maximum increased to $200,000,000 from $100,000,000 on May 9, 2025.
Centrus Q1 net income $27.2M vs loss of $6.1M YoY; revenue up 67% to $73.1M
Net income $27.2M ($1.60 EPS) vs net loss $6.1M in Q1 2024; revenue $73.1M (+67%).
Centrus Energy redeems all $74.3M of 8.25% Notes due 2027
Redemption notice issued Feb 24, 2025 for all $74,263,580 of 8.25% Notes due 2027.
Centrus FY2024 revenue rises 38% to $442M; net income $73.2M; backlog $3.7B; $402.5M convert notes
FY2024 revenue $442M (+38% YoY); net income $73.2M ($4.47 diluted EPS) vs $84.4M prior year.
Centrus Energy wins DOE LEU enrichment award; potential $3.4B across six awardees over 10 years
ACO wins DOE award for domestic LEU enrichment; minimum value $2M, maximum $3.4B for all six awardees over ten years.
Russia rescinds TENEX's LEU export license; Centrus HALEU contract extended with $24M add
Russia decree (effective through Dec 31, 2025) rescinds TENEX's general LEU export license to US; specific licenses required for each shipment.
Centrus Energy issues $402.5M of 2.25% convertible senior notes due 2030
$402.5M aggregate principal of 2.25% convertible senior notes due Nov 1, 2030 issued.
Centrus extends DOE HALEU contract to June 2025; gets $24M in additional funds
Phase 2 performance period extended from Nov 6, 2024 to June 30, 2025.
Centrus prices $350M 2.25% convertible notes due 2030; conversion premium ~25%
$350M aggregate principal of 2.25% convertible senior notes due 2030, plus $52.5M overallotment option.
On Oct 31, DOE granted Centrus waiver to import Russian LEU for reexport to foreign customers in 2025.
Centrus reports Q3 net loss of $5M; secures $2.7B DOE HALEU contract ceiling
Net loss of $5.0M ($0.30/share) vs net income of $8.2M in Q3 2023.
Centrus Energy wins DOE HALEU enrichment award; max value $2.7B over 10 years
Subsidiary ACO is one of four awardees for HALEU production with min $2M, max $2.7B contract.
Centrus subsidiary wins DOE award for HALEU deconversion; max value $800M
American Centrifuge Operating, LLC awarded up to $800M across six awardees; minimum $2M contract.
Centrus Energy Q2 net income $30.6M ($1.89 EPS) on revenue $189M, up 92% YoY
Net income $30.6M vs $12.7M in Q2 2023; diluted EPS $1.89.
DOE grants Centrus waiver to import Russian LEU for 2024-2025; 2026-2027 deferred
On July 18, 2024, DOE issued a waiver allowing Centrus to import Russian LEU for deliveries committed to U.S. customers in 2024 and 2025.
Centrus transfers $234M of pension obligations to insurer; expects $11M Q2 settlement gain
Company agreed to purchase group annuity contract with an insurer to transfer about $234M (79%) of pension liabilities.
Centrus Q1 2024 net loss $6.1M on revenue $43.7M; signs $900M contingent LEU commitments
Net loss of $6.1M ($0.38 per share) vs net income of $7.2M in Q1 2023; revenue down 35% to $43.7M.
Centrus Energy achieves over 100 kg cumulative HALEU UF6 deliveries to DOE
Centrus delivered over 100 kilograms of HALEU UF6 to DOE, surpassing prior milestones.
On June 18, 2026, the Board appointed Yanhong Dai, age 53, to serve as the Company’s principal accounting officer, effective June 18, 2026.
On June 5, 2025, Mr. Shahram Ghasemian, Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary of Centrus Energy Corp. (the “Company”) provided notice that he will resign from his positions at the Company, effective June 29, 2025, in order to pursue another opportunity.
Effective upon Mr. Ghasemian's departure, Mr. Richard Emery will be appointed as Acting General Counsel, Chief Compliance Officer & Corporate Secretary of the Company.
On October 16, 2024, Larry B. Cutlip, Senior Vice President, Field Operations of Centrus Energy Corp. (the “Company”), provided notice that he will retire his position at the Company, effective July 31, 2025, after more than 44 years of service.
On August 6, 2024, the Board of Directors (the “Board”) of Centrus Energy Corp. (the “Company”) increased its size from eight directors to nine directors and appointed Stephanie O’Sullivan to the Board effective immediately.
the Board appointed the incoming President and Chief Executive Officer, Mr. Vexler, to the Board, effective January 1, 2024, to fill the vacancy created by the resignation of Mr. Poneman.
Mr. Poneman tendered his written resignation effective December 31, 2023, from his position as a member of the Board of Directors of the Company
On December 15, 2023, Mr. Neil Subin provided notice of his resignation as a member of the Board of Directors of Centrus Energy Corp. (the “Company”), effective as of December 31, 2023.
On November 20, 2023, Centrus Energy Corp. (the “Company”) announced the transition of Chief Executive Officer from Daniel B. Poneman to Amir Vexler effective January 1, 2024.
on November 16, 2023, the Board of Directors (the “Board”) of the Company appointed Amir Vexler, age 50, to succeed Mr. Poneman as Chief Executive Officer of the Company, effective January 1, 2024.
Philip O. Strawbridge stepped down from his position as Senior Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer of Centrus Energy Corp. (the “Company”), effective August 31, 2023.
the Board of Directors (the “Board”) of the Company appointed Kevin J. Harrill to succeed Philip O. Strawbridge as Senior Vice President, Chief Financial Officer and Treasurer, effective September 1, 2023.
Max materiality 0.90 · Median 0.65 · Most common event other_material