Centrus Energy (LEU) delivered earnings and revenue surprises of -176% and 39.89%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Centrus Energy Faces Challenges with Revenue Decline and Net Loss in Q1 2024
Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today reported first quarter 2024 results. The Company reported a net loss of $6.1 million for the three months ended March 31, 2024, which is $0.38 (basic and diluted) per common share.