financetom
Business
financetom
/
Business
/
NuScale Power 2023 Loss Widens, Revenue Increases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NuScale Power 2023 Loss Widens, Revenue Increases
Mar 14, 2024 2:06 PM

04:44 PM EDT, 03/14/2024 (MT Newswires) -- NuScale Power ( SMR ) late Thursday reported a net loss of $0.80 per class A share in 2023, wider than a loss of $0.51 a year ago.

Analysts polled by Capital IQ expected a loss of $1.02.

Revenue for the year ended Dec. 31 was $22.8 million, up from $11.8 million a year earlier.

Analysts surveyed by Capital IQ expected $25.7 million.

The company's shares were down more than 4% in after-hours trading.

Price: 6.92, Change: -0.32, Percent Change: -4.4

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Precore Gold Appoints Jacques Trottier as Head of Advisory Board
Precore Gold Appoints Jacques Trottier as Head of Advisory Board
May 26, 2025
12:13 PM EDT, 05/21/2025 (MT Newswires) -- Precore Gold (PRCG.CN) Wednesday appointed Jacques Trottier, a geologist and mining professional with more than 35 years experience, as head of Precore Gold's Advisory Board. Trottier is the founder and presently acts as the Executive Chairman of the Board of Amex Exploration, a junior gold exploration company. Jacques Trottier will undoubtedly make an...
IQIYI Shares Slide After Q1 Earnings: What's Going On?
IQIYI Shares Slide After Q1 Earnings: What's Going On?
May 26, 2025
Shares of iQIYI Inc ( IQ ) – ADR fell 7% to $1.73 on Wednesday following the release of its first-quarter earnings report. What To Know: The Chinese streaming giant posted earnings of 4 cents per share, beating analyst expectations of 3 cents per share, but earnings were down 67% from 12 cents a year ago. Revenue came in at...
Graco to Shift Remaining Minneapolis Operations to Northwest Metro Area
Graco to Shift Remaining Minneapolis Operations to Northwest Metro Area
May 26, 2025
12:13 PM EDT, 05/21/2025 (MT Newswires) -- Graco ( GGG ) said Wednesday it will move the rest of its Riverside Minneapolis operations and corporate staff to its expanding sites in the northwest metro area. The company said it has operated along the Mississippi River in Northeast Minneapolis since the 1940s, but many teams have already relocated to facilities in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved