CENTRUS $LEU Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $55.5M (Est. $55.3M) 🟢; -26% YoY
🔹 Adj. Diluted EPS: -$0.46 (Est. -$0.39) 🔴
🔹 GAAP Diluted EPS: $1.41
🔹 Operating Income: -$29.7M (Est. -$20.6M) 🔴
FY26 Guide:
🔹 Revenue: $450M-$500M (Est. $481M) 🟡
🔹 Capital Deployment: $350M-$500M
🔹 Oak Ridge Hiring: At least 100 net new employees
🔹 Piketon Hiring: At least 175 net new employees; from 100
Segment Net Revenue:
🔹 LEU: $31.8M; -29% YoY
🔹 Technical Solutions: $23.7M; -21% YoY
Announcements:
🔹 Centrifuges: First new centrifuge shipped; 16-centrifuge HALEU cascade
🔹 Manufacturing: Supply chain complete two months ahead of schedule
🔹 Certified-for-Construction: First package completed ahead of year-end target
Key Updates:
🔹 Warrant Gain: $46.4M fair-value gain drove net income
🔹 Backlog: $5.4B contingent LEU and HALEU sales commitments
Comments:
🔸 “This achievement, along with us demonstrating that we have a complete manufacturing supply chain in place, was reached two months ahead of our ambitious schedule and puts us far ahead of the competition.”