Oklo Reports Friday Morning With Virtually No Revenue to Report. The Stock Trades 78% Below Its High.
With virtually no revenue line to judge, four things decide this report.
Overview
Oklo (NYSE: OKLO) posts its second-quarter results Friday morning, Aug. 7, before the market opens, with a conference call to follow at 8:30 a.m. ET. Because the advanced-nuclear developer generates essentially no revenue yet, the report will be judged on four things instead: cash burn, reactor timelines, regulatory progress, and customer commitments.
The stock could use a good report. As of this writing, shares change hands around $43, down about 78% from the 52-week high of $193.84 -- even though the company just delivered its biggest milestone yet.
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Details
Source
Originally published at www.fool.com.
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