05:44 PM EDT, 05/12/2025 (MT Newswires) -- NuScale Power ( SMR ) on Monday reported a Q1 net loss of $0.11 per diluted share, narrowing its loss of $0.21 a year earlier.

Three analysts polled by FactSet expected a loss of $0.09, if comparable.

Revenue for the quarter ended March 31 was $13.4 million, up from $1.4 million a year earlier.

Three analysts expected $3.3 million.

The modular reactor technology company ended the first three months of 2025 with $521.4 million in cash, equivalents and short-term investments.