Nearly a month after it went public, NuScale, a leading SMR developer in the U.S., announced it had incurred a net loss of $23.4 million in the first quarter of 2022. This unaudited loss, which occurred before the company began trading on the New York Stock Exchange, compares to a net loss of $22.7million in the first quarter of the previous year.
Colbert told financial analysts that because the company has generated little revenue, “our focus has been on effectively managing the cost side of the equation.”
