Centrus Energy Q2 FY26 GAAP net income drops 42% to $16.8 million; revenue rises 14% to $176.1 million

Reuters2026/08/05 21:51

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Centrus Energy Q2 2026 revenue rose 14% to USD 176.1 million, while GAAP net income fell 42% to USD 16.8 million.
GAAP diluted EPS dropped to USD 0.77; adjusted (non-GAAP) net income increased to USD 38.7 million from growth costs and stock-based compensation add-backs.
Signed a USD 900 million HALEU enrichment award contract with the U.S. Department of Energy; contingent LEU and HALEU enrichment backlog climbed to USD 3 billion.
Selected Geiger Brothers for a major enrichment plant expansion; expects completion of its first new centrifuge in Oak Ridge by year-end 2026.
Forecasts full-year 2026 revenue of USD 450 million-USD 500 million, with capital deployment of USD 350 million-USD 500 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Centrus Energy Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH19328) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Centrus Energy Q2 FY26 GAAP net income drops 42% to $16.8 million; revenue rises 14% to $176.1 million

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