NuScale Q2 net loss widens to $74.4M; revenue down to $1.0M; cash $136M

NUSCALE POWER Corp

2024-Q2 EPS reported -$0.52 revenue$2,346,000

Net loss of $74.4M vs $29.7M YoY; includes $36.7M non-cash warrant expense.
Revenue fell to $1.0M from $5.8M YoY; operating loss narrowed to $41.9M from $56.1M.
Cash and equivalents $136.0M ($5.1M restricted); no debt.
Data center/AI customer conversations accelerating; RoPower authorized Phase 2 FEED for Doicesti SMR.
NRC design approval review on track for mid-2025; Doosan Enerbility forging long lead materials.

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