Oklo reports Q3 loss per share of $0.22

Oklo

Yesterday 12:46

Overview
Advanced nuclear technology company reported Q3 loss per share of $0.22
Company continues development of fast fission power plants and advanced fuel recycling
Company highlights progress on commercial advanced fission plant and regulatory milestones

Outlook
Company did not provide specific financial guidance for the current or future quarters in the press release

Result Drivers
TECHNOLOGY DEVELOPMENT - Co said continued development of fast fission power plants and advanced fuel recycling drove Q3 activity
REGULATORY MILESTONES - Co cited progress on site use permit, fuel award and license application as drivers in Q3

Company press release: ID:nBwbDB2sYa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Loss Per Share
 
$0.22
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the electric utilities peer group is "buy"
Wall Street's median 12-month price target for Oklo Inc. is $60.00, about 212.5% above its November 5 closing price of $19.20

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)