🔴 Nuscale Power is trading 5.3% down today after missing Q2 revenue estimates

Nuscale Power is trading at $8.85 (5.3% down) after reporting a massive Q2 revenue miss following the completion of a major engineering project.

• Revenue for the quarter was $0.08 million, falling far short of the $11.9 million consensus estimate and down significantly from $8.1 million a year earlier.
• The revenue collapse is attributed to the conclusion of a primary engineering services contract in late 2025.
• Despite the revenue miss, the company's loss per share of $0.13 was in line with analyst expectations.