Oklo Q1 Earnings Highlights
Oklo posted a lack of 19 cents per share for the primary quarter, beating analyst estimates for a lack of 20 cents per share, in accordance with Benzinga Professional.
The corporate mentioned it has used $17.90 million of money in operations year-to-date and $359 million of money for investing actions. Oklo reported a internet lack of $33.07 million and a loss from operations of $51.25 million for the quarter.
Oklo exited the quarter with roughly $1.60 billion of money and money equivalents and $900 million of marketable securities. The corporate expects to make the most of its present money to fund building of its powerhouses, gasoline and radioisotope companies, operations and development plans.
Oklo famous that it believes its present money, money equivalents and marketable debt securities will likely be adequate to fund its operations for one 12 months.
Oklo broke floor on its first Aurora powerhouse in September. The corporate continues to focus on the deployment of its first powerhouse in 2028.
Oklo executives will additional talk about the quarter on an earnings name with buyers and analysts at 5 p.m. ET.
OKLO Shares Slide After The Shut
OKLO Worth Motion: Oklo shares had been down 0.86% in Tuesday’s after-hours session, buying and selling at $73 on the time of publication, in accordance with Benzinga Professional.
Picture: Shutterstock.com
Market Information and Knowledge dropped at you by Benzinga APIs
© 2026 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
So as to add Benzinga Information as your most well-liked supply on Google, click on right here.
