Earnings fell at Centrus Energy, Bethesda, Md., in the fourth quarter, which the uranium broker attributed to the decreased revenue from its uranium sector.
Net earnings for the fourth quarter ended Dec. 31 were $17.8 million, or $0.79 a share, down from $53.7 million, or $3.20 a share, in the year-ago quarter. Quarterly revenue was $146.2 million, down year-over-year from $151.6 million.
For 2025, Centrus had net income of $77.8 million, up from $73.2 million in 2024. While total revenue from 2025 was $448.7 million, up year-over-year from $442 million from 2024. Revenue from the low-enriched uranium (LEU) segment was $346.2 million for the year, down from last year’s total revenue of $349.9 million. Centrus reported its uranium revenue dropped $55.6 million from last year. However, separative work units (SWU) revenue increased $51.9 million.
The Department of Energy, using its national laboratories, is digitizing 80 years of nuclear research data into a searchable database for future energy and security decisions as part of the Genesis Mission, DOE said in a Thursday press release.
It is part of 26 science and technology projects being carried out in conjunction with the Genesis artificial intelligence (AI), DOE said in the release.
“This commitment to applying cutting-edge science and technology protects our nation, marking a pivotal step towards a more secure, prosperous, and innovative future through collaborative federal efforts,” Brandon Williams, the head of DOE’s National Nuclear Security Administration, said in the release.
The Department of Energy’s Hanford Site in Richland, Wash., has a six-person cyber threat response in place since 2023 charged with searching for signs of trouble across more than 10,000 connected devices at the federal complex, DOE said last week.
Hanford’s Digital Forensics and Incident Response (DFIR) team, formed by Hanford’s Leidos-led landlord contractor Hanford Mission Integration Solutions. seeks to take a proactive approach through a new “threat hunting program,” DOE said in a Feb. 3 press release.
The team seeks to comb through “system logs, analyzing anomalies, and validating findings against threat intelligence,” in an attempt to spot potential threats and “strengthen defenses against future attempts,” according to the DOE Office of Environmental Management news release. “No network can be completely secure,” Joe Garry, security operations and engineering manager with the contractor, said in the release. “But the more difficult we make it for attackers, the more likely they’ll give up and look elsewhere.”
Work crews are cutting trees and clearing land to prepare for construction of two modern uranium enrichment projects at the Department of Energy’s Paducah Site in Kentucky, DOE said last week.
About 100 acres of land are being cleared at Paducah to make way or an enrichment plant planned by California-based nuclear technology startup, General Matter, DOE’s Office of Environmental Management said in a Feb. 3 press release. In the same release, the DOE nuclear cleanup office said Global Laser Enrichment, a company building a laser uranium enrichment facility on land adjacent to the Paducah Site, is also clearing trees ahead of constructing its facility.
In August 2025, General Matter announced it has signed a lease with DOE to build a $1.5-billion enrichment plant that would employ 140 people. Global Laser Enrichment has applied for a Nuclear Regulatory Commission (NRC) license for a plant at Paducah. Global Laser Enrichment hopes to start re-enriching DOE’s Paducah inventory of depleted uranium tails by 2030,
Anytime you have a news tip, a question, comment or complaint, feel free to reach out to Exchange Monitor Editor, Wayne Barber, wbarber@accessintel.com, 540-252-2137.