SMR

NuScale Power Hosts Q1 2024 Earnings Call

NuScale Power Corporation (NYSE: SMR) has announced that it will be hosting a conference call to review its first quarter 2024 results on May 9, 2024, at 5:00 p.m. ET. The financial results will be released after market close on the same day.

As the industry-leading provider of proprietary advanced small modular reactor (SMR) nuclear technology, NuScale Power Corporation operates with a mission to facilitate the global energy transition by delivering safe, scalable, and reliable carbon-free energy. Their groundbreaking SMR technology is powered by the NuScale Power Module™, with each module capable of generating 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through various flexible configurations, providing up to 924 MWe (12 modules) of output.

NuScale is the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission, positioning it to serve diverse customers across the world by supplying nuclear energy for various applications, including electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications.

Founded in 2007 and headquartered in Portland, Oregon, NuScale is well-positioned to continue leading the way in the nuclear technology industry.

Investors and stakeholders can access the conference call by dialing (888) 550-5460 with conference ID 4347254 or by visiting the events & presentations page of the company’s website. A webcast replay will also be available for 30 days following the call. The market has reacted to these announcements by moving the company's shares -3.1% to a price of $5.25. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS