Centrus Energy Corp. Reports Strong Q1 2025 Financial Results

Centrus Energy Corp. (NYSE American: LEU), a global energy company specializing in supplying low enriched uranium (LEU) for commercial nuclear power plants, has reported robust financial results for the first quarter of 2025. The company announced a net income of $27.2 million, or $1.60 per share, on revenue of $73.1 million. This marks a significant turnaround from the net loss of $6.1 million on $43.7 million in revenue reported in the same quarter of the previous year.

The company’s financial performance was bolstered by the retirement of its 8.25% Notes, which resulted in a gain of $11.8 million. The retirement involved a redemption price equal to the principal of $74.3 million plus any accrued and unpaid interest. This strategic financial move has positively impacted the company’s earnings for the quarter.

In addition to its financial achievements, Centrus Energy Corp. has outlined a 42-month timeline for the deployment of its High-Assay Low-Enriched Uranium (HALEU) cascade, supported by a $60 million investment. This initiative underscores the company’s commitment to advancing its uranium enrichment capabilities and expanding its market presence.

Centrus Energy Corp. is also set to participate in upcoming investor conferences, including Goldman Sachs’ Third Annual Green Capex North, where management will host investors at the company’s headquarters in Bethesda, MD, on May 12, 2025. This engagement with investors highlights the company’s proactive approach to maintaining transparency and fostering investor relations.

The company’s stock has seen a positive response to these developments, with a notable increase in its share price. As of May 4, 2025, the close price was $71.66, reflecting a recovery from the 52-week low of $33.51 reached on August 4, 2024. The market capitalization stands at $1.21 billion, with a price-to-earnings ratio of 16.17.

Overall, Centrus Energy Corp.’s strong Q1 2025 results and strategic initiatives position the company favorably within the energy sector, particularly in the niche market of uranium enrichment for nuclear power.