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Mar 31, 2023
NuScale Power Q1 2023 Earnings Report
NuScale Power demonstrated progress on strategic objectives and customer pipeline growth.
Key Takeaways
NuScale Power reported revenue of $5.5 million and a net loss of $35.6 million for the first quarter of 2023. The company progressed with key projects and strengthened its customer pipeline in Poland, Indonesia and Korea.
Meaningful progress was achieved on 2023 strategic objectives, focusing on business pipeline growth and customer commitment delivery.
Important work was completed for the Carbon Free Power Project and RoPower, NuScale’s committed customers.
The customer pipeline was strengthened with developments in Poland, Indonesia, and Korea.
The second Standard Design Approval application progressed to the technical review phase by the U.S. Nuclear Regulatory Commission (NRC).
Historical Earnings Impact
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Avg. Return Before/After Earnings
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