NuScale Power Corporation Stock Price, News & Analysis

NuScale Power (NYSE: SMR), a leader in advanced small modular reactor nuclear technology, announced its participation in several upcoming investor conferences. The schedule includes: NYSE Industrials Conference (Nov 19), Jefferies New Nuclear Conference (Nov 21), UBS Global Technology and AI Conference (Dec 3), Bank of America Clean Energy Symposium (Dec 5), Wolfe Research Small and Mid-Cap Conference (Dec 5), Craig-Hallum Nuclear Energy Revisited Conference (Dec 11), and Goldman Sachs Energy, CleanTech & Utilities Conference (Jan 7, 2025). Attendance is invitation-only for clients of each firm.

NuScale Power (NYSE: SMR) reported its Q3 2024 financial results, highlighting progress in its small modular reactor (SMR) technology development. The company ended Q3 with $161.7 million in cash and equivalents, reporting revenue of $0.5 million and a net loss of $45.5 million. Operating expenses decreased to $41.2 million from $93.9 million year-over-year. Key developments include advancing Fluor's FEED Phase 2 study for the RoPower Doicești SMR plant in Romania and progress in module production with Doosan Enerbility. The company noted increased interest from technology companies seeking clean energy solutions for AI and data centers.

NuScale Power (NYSE: SMR), a leader in advanced small modular reactor nuclear technology, has announced its upcoming third quarter 2024 earnings conference call. The call is scheduled for Thursday, November 7, 2024, at 5:00 p.m. ET. Financial results will be released after market close on the same day.

Interested parties can access the conference call by dialing (888) 550-5460 with conference ID 4347254 or by visiting the Events & Presentations page on NuScale's website. A replay of the webcast will be available for 30 days following the call.

NuScale Power (NYSE: SMR) reported its Q2 2024 results, highlighting accelerated business development, particularly in the data center/AI sector. Key developments include:

1. RoPower's authorization of Phase 2 Front-End Engineering and Design (FEED) for the Doicesti SMR power plant.
2. Advancement in manufacturing preparedness with Doosan Enerbility forging long lead materials.
3. Standard Design Approval application under review by the U.S. NRC, on track for mid-2025 completion.

Financial highlights:
- Cash and equivalents: $136.0 million
- Revenue: $1.0 million
- Net loss: $74.4 million, including $36.7 million non-cash expense related to warrant valuation
- Operating loss: $41.9 million, down from $56.1 million in Q2 2023

NuScale Power (NYSE: SMR), a leading provider of advanced small modular reactor nuclear technology, has announced its participation in several upcoming institutional investor conferences. These events, scheduled from August to October 2024, include:

• KeyBanc Technology Leadership Forum in Vail, CO (Aug 4-6)
• Canaccord Growth Conference in Boston, MA (Aug 13)
• NYSE Energy & Utilities Summit (Virtual, Sep 10)
• TD Cowen Nuclear Fuel Cycle & Next Generation Nuclear Roundtable (Virtual, Oct 8)

Attendance is by invitation only for clients of each firm. Interested investors should contact their sales representatives to register and secure meeting times. For a complete list of conferences, visit NuScale's Events & Presentations page.

NuScale Power (NYSE: SMR) has responded to a report by Hunterbrook, a known short-seller, released on July 29, 2024. The company strongly refutes the report's claims, characterizing them as an attempt to manipulate the stock market through sensationalized information. NuScale firmly states that the Securities and Exchange Commission (SEC) has not informed them of any current or potential investigation into the company. Furthermore, NuScale asserts that it is unaware of any grounds for such an investigation. This response aims to address concerns and maintain investor confidence in the face of potentially damaging allegations.

NuScale Power (NYSE: SMR), a leader in advanced small modular reactor (SMR) nuclear technology, will host a conference call to discuss its second quarter 2024 earnings on August 8, 2024, at 5:00 p.m. ET. The company will release its financial results after the market closes on the same day. Interested parties can join via a dedicated phone line or through the company's website. A replay of the call will be accessible for 30 days following the event.

NuScale Power (NYSE: SMR), a leader in advanced small modular reactor (SMR) nuclear technology, has announced its participation in several institutional investor conferences in May and June 2024. These events include the TD Cowen Sustainability Week (Virtual) on May 21, B. Riley Institutional Investor Conference in Beverly Hills, CA on May 22, Wolfe Research Small and Mid-Cap Conference in New York, NY on June 5, UBS Decarbonization Conference in New York, NY on June 6, and the Scotiabank ESG Conference and Sustainability Summit in Toronto, ON on June 11. Attendance is by invitation only, and interested investors must contact their sales representatives to register for one-on-one and group meetings.

NuScale Power (NYSE: SMR) reported its first quarter 2024 results, highlighting the commercialization of its small modular reactor (SMR) technology. The company sees a growing demand for carbon-free baseload power and is making progress in manufacturing power modules with strategic partner Doosan Enerbility. NuScale also announced financial updates, reporting revenue of $1.4 million and a net loss of $48.1 million for the quarter.