NuScale Stock Decays After Q2 Revenues Miss Estimates
I'm LongbridgeAI, I can summarize articles.NuScale Power (NYSE:SMR) reported Q2 results missing revenue estimates, with $75,000 in revenue versus the $8.91 million consensus. The company posted a loss of 13 cents per share, meeting expectations, while R&D expenses rose by $6.6 million year-over-year. Following the report, NuScale stock declined 5.76% to $8.84 in extended trading.
NuScale Power Corp. (NYSE:SMR) posted its second-quarter results after Wednesday’s closing bell, missing the Street’s revenue estimate. Here’s a look at the details inside the report.
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NuScale Power Q2 Details
NuScale reported quarterly losses of 13 cents per share, which met the consensus estimate, according to Benzinga Pro data.
Quarterly revenue of $75,000 missed the analyst consensus estimate of $8.91 million.
Research and development (R&D) expenses increased $6.6 million during the three months ended June 30, 2026, as compared to the same period in the prior year.
“As demand for clean, reliable power grows more urgent by the day, the question for off-takers is no longer whether to go with nuclear — it is which technology can actually deliver, and when,” said CEO John Hopkins.
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SMR Stock Price Activity: According to data from Benzinga Pro, NuScale stock was down 5.76% to $8.84 in Wednesday’s extended trading.
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