04:53 PM EDT, 08/12/2024 (MT Newswires) -- Net Power ( NPWR ) reported a Q2 net loss late Monday of $0.06 per diluted share, narrowing from a loss of $4.51 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.05 normalized.

Revenue for the quarter ended June 30 was $238,000, up from $125,000 a year earlier. Comparable analyst estimates were not available.

Net Power ( NPWR ) was formed after a merger with Rice Acquisition on June 8, 2023.

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