NYSE$SMR

NuScale Power Corporation · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

NuScale Power's Q4 2022 results were announced, featuring increased revenue and a higher net loss compared to the same period in 2021. The company highlighted key achievements, including securing an international customer and advancing design readiness.

NuScale Power reported Q4 2022 revenue of $3.4 million and a net loss of $47.2 million. The company secured its first international customer, Romania’s RoPower Nuclear S.A., and progressed its commercial design readiness.

  • Secured Romania’s RoPower as first international committed customer and commenced FEED work.
  • Progressed commercial design readiness with completion of Standard Plant Design.
  • Advanced manufacturing and supply chain preparedness through new agreements.
  • Joined a research collaboration with Shell Global Solutions to assess clean hydrogen production.

Headline financials

Total Revenue

$3.44M

Previous: $297K+1057.6%
EPS (adj)

-$0.18

Previous: -$0.62+71.0%
Capital Expenditures

$588K

No prior period
Free Cash Flow

-$44.5M

No prior period
Net Income

-$47.2M

Previous: -$28M-68.3%
Operating Income

-$67.4M

Previous: -$51.1M-32.0%
Gross Profit

$814K

Previous: $566K+43.8%
Cash & Equivalents

$268M

No prior period
Total Assets

$349M

No prior period
Stock-Based Comp

$3.61M

No prior period

Revenue & EPS history

NuScale Power · Revenue · Quarterly

$3.44M

Q4 2022+1,057.6%vs Q4 2021
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Forward guidance

NuScale anticipates higher cash usage in 2023 due to several factors. The company expects a negative operating cash flow range of $102 million to $142 million for 2023.

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 Q4 2022

Historical avgQ4 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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