NYSE$SMR

NuScale Power Corporation · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

NuScale Power demonstrated progress on strategic objectives and customer pipeline growth.

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).

Headline financials

Total Revenue

$5.51M

No prior period
EPS (adj)

-$0.16

No prior period
Capital Expenditures

-$351K

No prior period
Free Cash Flow

-$11.3M

No prior period
Net Income

-$11M

No prior period
Operating Income

-$55.5M

No prior period
Gross Profit

$2.09M

No prior period
Cash & Equivalents

$252M

No prior period
Total Assets

$332M

No prior period
Stock-Based Comp

$3.64M

No prior period

Revenue & EPS history

NuScale Power · Revenue · Quarterly

$5.51M

Q1 2023
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

+0.7%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+2.0%

Avg return

30 days after

53%

10 / 19 earnings

Positive

+21.3%

Q1 2025

Best reaction

-35.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.2%-11.4%-22.5%
Q4 2025-3.5%-5.9%-22.7%
Q3 2025-6.8%-20.0%-34.1%
Q1 2025+21.3%+35.9%+127.0%
Q4 2024+11.5%+1.2%-8.5%
Q3 2024+14.4%+8.5%+20.0%
Q2 2024+6.8%+15.0%-19.6%
Q1 2024+3.5%+12.7%+42.8%
Q4 2023+10.9%-7.1%-25.6%
Q3 2023-35.2%-28.0%+0.6%
Q2 2023+2.3%+3.3%-14.3%
Q1 2023-0.9%+3.6%+2.5%
Q4 2022-7.4%-9.5%-5.6%
Q3 2022+3.5%-5.0%-7.6%
Q2 2022-0.8%+0.0%-7.3%
Q4 2021+1.5%-0.1%+6.6%
Q2 2021+0.0%
Q1 2021+0.4%
Q4 2020-0.1%

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