NuScale Stock Dips After Q2 Revenue Miss and Rising R&D Costs

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Source: Benzinga
TL;DR Summary

NuScale Power Corp. (SMR) reported Q2 revenue of $75,000, missing the $8.91 million consensus, while its quarterly loss per share was $0.13, which matched estimates. R&D expenses rose by about $6.6 million year over year. CEO John Hopkins emphasized growing demand for clean power, and the stock fell roughly 5.8% in extended trading to about $8.84 following the report.

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