Centrus Energy Stock Price, News & Analysis

Centrus (NYSE American: LEU) reported Q3 2025 results with net income $3.9M on $74.9M revenue versus a net loss of $5.0M on $57.7M in Q3 2024. Total revenue rose 30% year-over-year driven by LEU and Technical Solutions segments.

The company closed an $805M 0% convertible notes offering (net proceeds ~$782.4M), raising unrestricted cash to $1.6B. Backlog totaled $3.9B extending to 2040, including ~ $3.0B LEU backlog and ~$2.3B contingent LEU commitments. Company secured U.S. waivers for 2026–2027 Russian deliveries, advanced Piketon expansion agreements, and named a new CFO.

Centrus Energy (NYSE American: LEU) will webcast its quarterly conference call for shareholders and the financial community on Thursday, November 6, 2025 at 8:30 a.m. ET.

The company will release its Q3 2025 earnings (period ended September 30, 2025) after market close on Tuesday, November 5, 2025. The call will be accessible via a link in the Investor Relations section at CentrusEnergy.com, and a webcast replay will remain available through November 19, 2025.

Centrus Energy (NYSE American: LEU) has announced a major expansion of its uranium enrichment facility in Piketon, Ohio. The multi-billion-dollar investment is expected to create 1,000 construction jobs and 300 new operations jobs while retaining 127 existing positions.

The company has raised over $1.2 billion through convertible note transactions and secured more than $2 billion in contingent purchase commitments from utility customers. Centrus has submitted proposals to the U.S. Department of Energy for funding to expand domestic production of Low-Enriched Uranium (LEU) and High-Assay, Low-Enriched Uranium (HALEU).

As the only active enricher using American technology, Centrus manufactures centrifuges exclusively in the United States, with a supply chain spanning 14 major suppliers across 13 states. The company has partnered with Korea Hydro & Nuclear Power and POSCO International for potential investment in the project.

Centrus Energy (NYSE American: LEU) has announced its participation in multiple investor conferences and events throughout September 2025. The company's management will attend eight major financial events across London and New York, including the TD Securities Nuclear & Uranium Conference, UBS Nuclear Energy Seminar, and H.C. Wainwright Global Investment Conference.

The schedule includes one-on-one investor meetings and a virtual fireside chat with J.P. Morgan on September 17 at 8 p.m. ET. Interested investors can request meetings through their respective institutional representatives.

Centrus Energy (NYSE:LEU) has signed a Memorandum of Understanding (MOU) with Korea Hydro & Nuclear Power (KHNP) and POSCO International to explore potential investment in expanding Centrus' uranium enrichment plant in Piketon, Ohio. The agreement aims to strengthen U.S.-Korea cooperation in civilian nuclear energy.

Additionally, Centrus and KHNP agreed to increase the supply volume of enriched uranium under their February 2025 contract. The supply commitment is contingent on Centrus receiving necessary federal funding. The company is competing for U.S. Department of Energy funding and plans to match federal funds with private capital and utility purchase commitments.

KHNP operates 26 nuclear reactors with 4 under construction, making it the world's third-largest nuclear plant operator. Korea represents one of the largest potential export markets for U.S. enriched uranium.

Centrus Energy (NYSE American: LEU) has successfully priced an oversubscribed and upsized private offering of $700 million in Zero-Coupon Convertible Senior Notes due 2032. The offering, initially announced at $650 million, was increased due to strong demand. The notes will have an initial conversion rate of 4.3551 shares per $1,000 principal amount, equivalent to a conversion price of $229.62 per share, representing a 22.5% premium.

The notes will mature on August 15, 2032, with Centrus expecting to receive approximately $680 million in net proceeds (or $782.1 million if the initial purchasers exercise their additional purchase option). The company plans to use the proceeds for general corporate purposes. The notes were offered exclusively to qualified institutional buyers under Rule 144A.

Centrus Energy (NYSE American: LEU) has announced plans to offer $650 million in Convertible Senior Notes due 2032 through a private offering to qualified institutional buyers. The company will grant initial purchasers an option to buy an additional $100 million in notes within 13 days of issuance.

The notes will bear semiannual interest payments starting February 15, 2026, and will mature on August 15, 2032. Upon conversion, Centrus will pay cash up to the principal amount and may settle the remainder in cash, Class A common stock, or a combination thereof. The proceeds will be used for general corporate purposes.

Centrus Energy (NYSE American: LEU) has announced the appointment of Todd Tinelli as Senior Vice President, Chief Financial Officer (CFO), and Treasurer, effective August 11, 2025. Tinelli brings over 20 years of energy industry experience and will replace Kevin Harrill, who is resigning after a successful four-year tenure.

Harrill will remain with the company through August 29, 2025 to ensure a smooth transition. Under his leadership, Centrus strengthened its balance sheet, accelerated manufacturing capabilities, and implemented efficiency-gaining controls. Tinelli will oversee financial operations and capital allocation activities, focusing on supporting the company's expansion plans for uranium enrichment capacity in Ohio.

Centrus Energy (NYSE American: LEU) reported strong Q2 2025 financial results with net income of $28.9 million on revenue of $154.5 million. The company achieved a significant milestone by completing Phase 2 of its HALEU Operation Contract, successfully delivering 900 kilograms of HALEU to the Department of Energy.

The DOE exercised Option 1a of Phase 3, valued at approximately $110.0 million through June 30, 2026. The company's backlog stands at $3.6 billion, extending to 2040, with $2.7 billion in the LEU segment and $0.9 billion in Technical Solutions. Centrus strengthened its balance sheet by raising $114.0 million through an at-the-market equity offering.