Centrus Energy Corp reported a strong Q2 2024 despite a modest operating cash flow profile, highlighting a revenue surge to $189.0 million and a strengthening profitability footprint. Net income reached $30.6 million with EPS of $1.89, supported by a non-operating income contribution of $18.4 million that lifted pretax earnings to $39.5 million and EBITDA to $41.3 million. Year-over-year revenue expanded 92.1% and net income rose 140.9%, while quarter-over-quarter revenue jumped about 332% on a low base in Q1 2024. The company also displayed solid liquidity, ending the period with $257 million in cash and a net debt position of negative $85.2 million, reflecting excess liquidity relative to reported debt. A prominent feature of the quarter is the substantial deferred revenue balance of $257.4 million, underscoring a sizeable backlog and revenue recognition profile that could sustain near-term cash flows, subject to contract execution and uranium market dynamics.