Centrus Energy Emerges From Pandemic Year With Better Financial Numbers; New Enrichment Machines Assembled

摘要

Centrus Energy Corp. this month finished building all 16 of the AC100M gas centrifuges it plans to use to produce highenergy reactor fuel for the Department of Energy at the Portsmouth Site near Piketon, Ohio, under a $115 million DOE contract from 2019. That's according to a press release from the Bethesda, Md.-based company, which only the week before reported a profitable 2020 fourth quarter and full year. Centrus, these days a fuel broker and technology development company, reported net income of $54.4 million for the 12 months ended Dec. 31, 2020 compared with a net loss of $16.5 million for 2019. Fourth quarter net income was $16.4 million up from a net loss of $2.8 million for the final three months of 2019. Total revenue for 2020 was $247.2 million compared to $209.7 million in 2019. The quarterly revenue for Centrus was $92.9 million, which beat the $55.7 million during the fourth quarter of 2019.