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LEU - Centrus secures $320M in new sales contracts and commitments
Centrus Energy Corp. Class A
Centrus Energy ( NYSE: LEU ) has secured new nuclear fuel sales contracts and commitments with an estimated value of ~$320 million in the last 12 months -- including ~$270 million year-to-date.
Most of the company's revenues come from multi-year contracts with major utilities, often signed years in advance.
The new sales commitments cover deliveries from 2022 to 2030, with the revenue and cost of sales to be booked in the quarter and year of delivery.