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Dec 31, 2020
Centrus Q4 2020 Earnings Report
Centrus Energy Corp. reported financial results, showing a return to profitability and balance sheet improvement.
Key Takeaways
Centrus Energy Corp. reported a net income of $54.4 million for the full year 2020, a significant turnaround from the net loss of $16.5 million in 2019. The company's revenue increased by 18% to $247.2 million, driven by growth in both the LEU and technical solutions segments. They also completed the purchase of 62,854 shares of its outstanding Series B Preferred Stock.
Reported net income of $54.4 million in 2020, or $0.57 per share (diluted).
Total revenues reached $247.2 million, with LEU segment revenue contributing $190.5 million.
Year-end cash balance stood at $152.0 million.
New LEU sales commitments valued over $100 million were secured from November through the end of January.
Revenue by Segment
Forward Guidance
Centrus Energy Corp. investor conference call to discuss the fourth quarter and full year 2020 results is scheduled for March 19, 2021, at 8:30 a.m. EDT.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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