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NuScale Power 2023 Loss Widens, Revenue Increases
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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

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