NYSE$SMR

NuScale Power Corporation · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

NuScale Power's Q2 2022 financial results were reported, showing increased revenue and a reduced net loss compared to the same period last year. The company highlighted its strong balance sheet and progress towards strategic objectives.

NuScale Power reported Q2 2022 results with revenue of $2.7 million and a net loss of $21.4 million. The company reaffirmed its financial outlook for 2022 and highlighted a strong balance sheet with $350.8 million in cash and equivalents and no debt.

  • NuScale Power raised $381 million from the Spring Valley Acquisition Corp. merger and associated PIPE offering.
  • The company reaffirmed its financial outlook for 2022.
  • NuScale reported steady progress towards executing on near term strategic objectives.
  • A new VOYGRTM Services & Delivery business unit was formed to streamline services, supply chain and client management functions.

Headline financials

Total Revenue

$2.75M

Previous: $372K+639.0%
EPS (adj)

-$0.08

Previous: -$0.57+85.9%
Capital Expenditures

-$1.58M

No prior period
Free Cash Flow

-$4.17M

No prior period
Net Income

-$2.59M

Previous: -$24.7M+89.5%
Operating Income

-$52.7M

Previous: -$40.9M-28.6%
Gross Profit

$1.01M

Previous: $127K+695.3%
Cash & Equivalents

$351M

No prior period
Total Assets

$407M

No prior period
Stock-Based Comp

$1.11M

No prior period

Revenue & EPS history

NuScale Power · Revenue · Quarterly

$2.75M

Q2 2022+639%vs Q2 2021
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Forward guidance

NuScale Power reaffirmed its financial outlook, including $16 million in cash revenue for the full year 2022.

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 Q2 2022

Historical avgQ2 2022

+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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