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Oklo narrows third-quarter loss but faces revenue miss and schedule delays

Earnings Whispers · ·by G4L

OKLO
OKLO Oklo Inc
$25.09 -6.52%
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  1. 1Oklo Inc recorded a third-quarter loss of $0.28 per share, achieving a 15.2% rate of exceeding Earnings Whisper figures.
  2. 2Oklo Inc's third-quarter revenue of $1.86 million represented a 14.2% rate of missing the $2.17 million consensus.
  3. 3PJM withdrew Oklo's interconnection application in Virginia.

So what's the key point?

Oklo Inc reduced its losses in the third quarter, but revenue was lower than expert expectations. The cancellation of a power grid connection application has also caused delays in the business schedule.

Source Earnings Whispers · View original ↗

Related 3-line summaries

Oklo down 86% from peak, to partner with Meta Platforms on 1.2 GW SMR system The Motley Fool +1 · 19h agoOklo shares surge 21.8% as losses narrower than expected The Motley Fool · 2d agoOklo records $123.3 million cumulative net loss for Q3 The Motley Fool +1 · 3d ago
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