NuScale Q2 2023 revenue doubles to $5.8M; net loss widens to $29.7M; SDA application accepted by NRC

NUSCALE POWER Corp

2023-Q2 EPS reported -$0.29 revenue$11,300,000

Revenue $5.8M (up from $2.7M YoY); net loss $29.7M (vs $21.4M in Q2 2022).
NRC accepted NuScale's Standard Design Approval application for VOYGR-6; 24-month review begins.
Up to $275M in public-private commitments received to advance Romania's RoPower SMR project.
Signed MOU with Nucor to explore deploying SMRs at electric arc furnace steel mills.
Cash $214.6M ($60.2M restricted), no debt; appointed Robert Ramsey Hamady as CFO.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

NUSCALE POWER Corp reported three-month period ended June 30, 2023 results: revenue $5.8 million, net income net loss of $29.7 million.

Period: three-month period ended June 30, 2023
Revenue: $5.8 million
Net income: net loss of $29.7 million
Result: reported results

Exact text from the filing

Revenue of $5.8 million and net loss of $29.7 million for the three-month period ended June 30, 2023, compared to revenue of $2.7 million and a net loss of $21.4 million, respectively, for the same period in 2022.

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Source: SEC EDGAR

accession 0001822966-23-000202

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