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Fervo Energy Co. reports $19.5 million loss in Q3

Associated Press · ·by G4L

FRVO
FRVO Fervo Energy Co
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  1. 1Fervo Energy Co. announced a Q3 loss of $19.5 million on Monday.
  2. 2Fervo Energy Co. recorded revenue of $116,000 during the period.
  3. 3Fervo Energy Co. reported a loss of 7 cents per share in Q3, beating Wall Street estimates.

So what's the key point?

Fervo Energy Co. had a loss of $19.5 million in the third quarter. However, the loss was smaller than what experts had expected.

Source Associated Press · View original ↗

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