Centrus Reports Second Quarter 2021 Results

Centrus Reports Second Quarter 2021 Results

BETHESDA, Md., Aug. 11, 2021 /PRNewswire/ — Centrus Energy Corp. (NYSE American: LEU) today reported net income of $11.6 million for the quarter ended June 30, 2021, compared to net income of $33.7 million for the second quarter of 2020. The prior period included a one-time payment of $32.4 million collected from a customer as part of the customer’s bankruptcy proceeding. The net income allocable to common stockholders in the second quarter of 2021 was $10.9 million, or $0.81 (basic) and $0.79 (diluted) per common share. Centrus Energy Corp., Bethesda, MD (PRNewsfoto/Centrus Energy Corp.) "The second quarter was another profitable and productive one for Centrus," said Daniel B. Poneman, Centrus president and chief executive officer. "The Nuclear Regulatory Commission approved our license amendment application to produce High-Assay, Low-Enriched Uranium at our Piketon, Ohio, facility – making Centrus the only company in the United States licensed to enrich HALEU. We […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet