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Centrus Energy Crushes Q1, HALEU Shines
Description
Centrus Energys Q1 earnings surpassed expectations, with a 3% revenue increase and adjusted earnings per share at $1.50, against predictions of $0.27. Adjusted EBITDA reached $11.05 million, driven by domestic uranium enrichment growth and stronger demand from clients. CEO Amir Vexler highlighted new partnerships and centrifuge progress. Analysts questioned the value of LEU vs. HALEU, hiring surges, and Palantir tech savings. Centrus future hinges on new contracts, cost cuts, workforce growth, and HALEU market shifts.
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