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Centrus Energy Shares Surge on Strong Q2 Earnings and DOE Contract Extension
Centrus Energy Shares Surge on Strong Q2 Earnings and DOE Contract Extension
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BTCCSquare news:
Centrus Energy's stock soared 19.5% after reporting Q2 2025 revenue of $154.5 million, significantly exceeding analyst estimates of $130.6 million. The nuclear fuel provider showcased robust margin expansion, with gross profit jumping to 34.9% from 19.3% year-over-year.
The company solidified its position in advanced nuclear technology by fulfilling its 900kg HALEU delivery to the Department of Energy, triggering a contract extension through June 2026. With a $3.6 billion backlog stretching to 2040, Centrus emerges as a critical player in next-generation reactor development.
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