SMR Earnings Prediction
The chart below shows how SMR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SMR sees a +8.70% change in stock price 10 days leading up to the earnings, and a +4.18% change 10 days following the report. On the earnings day itself, the stock moves by -7.88%. This data can give you a slight idea of what to expect for the next quarter's release.
SMR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
475.00K
-93.17%
-50.88%
Gross Margin
37.89%
160.77%
213.14%
Operating Margin
-8635.58%
545.93%
99.40%
Net Margin
-9590.32%
1042.73%
24.58%
EPS
-0.18
-30.77%
-41.94%
No Data Available
SMR Earnings Analysis
NuScale Power Corporation Corporation (SMR.N) Earnings Conference Call
Positive
Improved Cash Position: NuScale's overall cash position improved during the period ending the third quarter with cash, cash equivalents, and short-term investments of $161.7 million, $5.1 million of which is restricted and no debt.
Improved Cash Position: The company's cash position is higher now than it was in 2023, driven primarily by the careful and measured utilization of our ATM program as well as disciplined budgeting and cost optimization efforts.
Cost Reduction Efforts: Operating expense was $41.2 million compared to $93.9 million in the year earlier period, reflecting the company's actions to reduce costs and operate more efficiently.
Operating Expense Reduction: The year-over-year reduction in operating expense of $52.7 million reflects the Company's actions to reduce costs and operate more efficiently.
Prior Year Financials: During the same period in the prior year, the company reported revenue of $7 million and net loss of $58.3 million, which included non-cash income of $11.1 million related to our warrants.
Negative
Revenue and Loss Comparison: Nuscale reported a revenue of $0.5 million and a net loss of $45.5 million for Q3 2024, compared to revenue of $7 million and a net loss of $58.3 million in the same period last year.
Non-Cash Expense Impact: The company incurred a non-cash expense of $7.2 million related to an increase in the fair value of warrants outstanding.
Operating Expense Reduction: Operating expenses were $41.2 million compared to $93.9 million in the prior year period, reflecting a year-over-year reduction of $52.7 million.
Operating Loss Comparison: During the third quarter, Nuscale reported an operating loss of $41 million, compared to an operating loss of $92.9 million in the third quarter of 2023.
Cash Position Improvement: The overall cash position improved during the period ending the third quarter with cash, cash equivalents, and short-term investments of $161.7 million, but this still indicates a significant cash burn rate.
SMR FAQs
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SMR Earning Call Sentiment
NuScale Power Corporation (SMR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SMR.N
9.54%Positive
The earnings call summary reflects a mixed outlook. Financial performance shows improvement in cash position and reduced losses, but revenue has significantly decreased. The Q&A reveals management's lack of clarity on certain issues, especially concerning regulatory challenges. The company's unique position with NRC approval is a positive, but competition and execution risks persist. Given the market cap of approximately $1 billion, the stock is likely to react moderately, leading to a neutral sentiment prediction (-2% to 2%) over the next two weeks.