NuScale Q3 net loss narrows to $45.5M; revenue falls to $0.5M; cash at $161.7M

NUSCALE POWER Corp

2024-Q3 EPS reported -$0.70 revenue$2,821,000

Revenue of $0.5M vs $7.0M YoY; net loss $45.5M vs $58.3M in Q3 2023.
Operating expense reduced to $41.2M from $93.9M, reflecting cost-cutting actions.
Cash, cash equivalents and short-term investments $161.7M ($5.1M restricted); no debt.
Proceeding with FEED Phase 2 study for RoPower Doicești SMR plant in Romania.
Doosan Enerbility progressing on production of first NuScale Power Modules.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.