Centrus reports first quarter 2023 results

Net income of $7.2 million on $66.9 million in revenue, compared to net loss of $0.4 million on $35.3 million in revenue in q1 2022 gross profit of $23.0 million, compared to $6.3 million in q1 2022 consolidated cash balance of $188.8 million as of march 31, 2023 completed construction and initial testing of centrifuge cascade under contract with the u.s. department of energy (doe) to demonstrate production of high-assay, low-enriched uranium (haleu) bethesda, md. , may 8, 2023 /prnewswire/ -- centrus energy corp. (nyse american: leu) ("centrus" or the "company") today reported first quarter 2023 results.
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