Earnings Call Summary | NuScale Power(SMR.US) Q1 2024 Earnings Conference
Earnings Call Summary | NuScale Power(SMR.US) Q1 2024 Earnings Conference
The following is a summary of the NuScale Power Corporation (SMR) Q1 2024 Earnings Call Transcript:
以下是NuScale Power Corporation(SMR)2024年第一季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
NuScale reported Q1 2024 revenue of $1.4 million and a net loss of $48.1 million.
They improved cash position to $137.1 million, with $5.1 million of it as restricted, and no recorded debt.
The company generated annualized savings of around $50m to $60m due to strategic initiatives for commercial transition.
A cash use of $33 million was reported for the quarter, however, an anticipated decrease in cash burn rate to below $10 million on an ongoing basis was noted due to cost-saving measures.
NuScale報告稱,2024年第一季度收入爲140萬美元,淨虧損爲4,810萬美元。
他們將現金狀況提高到1.371億美元,其中510萬美元是限制性的,沒有記錄在案的債務。
由於商業轉型的戰略舉措,該公司每年節省約5000萬至6000萬美元。
本季度報告的現金使用量爲3,300萬美元,但是,由於採取了節省成本的措施,預計現金消耗率將持續下降至1000萬美元以下。
Business Progress:
業務進展:
Progress has been made in converting brine into an effective hydrogen carrier using clean energy from a NuScale plant.
NuScale is in advanced discussions with AI and data center companies and expects large orders before the end of the decade.
The company secured design approval from NRC for the 77 MW up rate design, in line with customer demand.
Partnership with Inter One Energy is expected to create synergy between power plant development and ownership.
Preparations are ongoing to accept customer-backed orders, including fabrication of prototype NuScale plant components.
An E2 Center will be implemented in Ghana to manage NuScale power plants.
NuScale is engaging in discussions with prospective industrial customers for clean energy solutions.
Despite delays, NuScale maintains a positive business outlook and expects business progress in 2024 through its strategic partnership and business development pipeline.
在使用來自NuScale工廠的清潔能源將鹽水轉化爲有效的氫氣載體方面取得了進展。
NuScale正在與人工智能和數據中心公司進行深入討論,預計在本十年末之前會有大量訂單。
該公司獲得了 NRC 對 77 兆瓦上升功率設計的設計批准,符合客戶需求。
與Inter One Energy的合作有望在發電廠開發和所有權之間產生協同效應。
接受客戶支持的訂單的準備工作正在進行中,包括原型NuScale工廠部件的製造。
將在加納建立一個E2中心來管理NuScale發電廠。
NuScale正在與潛在的工業客戶討論清潔能源解決方案。
儘管出現延誤,但NuScale仍保持積極的業務前景,並預計通過其戰略合作伙伴關係和業務發展渠道在2024年取得業務進展。
More details: NuScale Power IR
更多詳情: nuScale Power IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。