Centrus reports fourth quarter and full year 2024 results

2024 full year revenue of $442.0 million and gross profit of $111.5 million, compared to prior year revenue of $320.2 million and gross profit of $112.1 million 2024 full year net income of $73.2 million, compared to prior year net income of $84.4 million strengthened balance sheet by closing $402.5 million of convertible senior notes resulting in unrestricted cash balance of $671.4 million as of december 31, 2024 announced approximately $60.0 million investment in centrifuge manufacturing activities and capacity at oak ridge, tennessee, in order to de-risk the supply chain and accelerate deployment selected as one of the u.s. department of energy ("doe") contract awardees for low-enriched uranium ("leu") as well as high-assay low-enriched uranium ("haleu") production and haleu deconversion bethesda, md. , feb. 6, 2025 /prnewswire/ -- centrus energy corp. (nyse american: leu) ("centrus" or the "company") today reported 2024 results.
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