Oklo reports Q3 EPS (8c), consensus (7c)

CEO Jacob Dewitte says: “We are entering an era of unprecedented energy demand-rivaled perhaps only by initial conversion to electrification over a century ago. The world is now recognizing nuclear’s role in powering that future. I’m confident we’ll look back on 2024 as the turning point in our mission to deliver clean, reliable, and affordable energy for all. Momentum is building every week-regulators are modernizing, bipartisan support is growing, and some of the most influential companies are investing heavily in the space. At Oklo (OKLO), our focus on building small-scale, modern fission powerhouses-designed to be easily repeatable-along with our model of selling power directly to customers, allows us to accelerate timelines, reduce complexity, and scale to meet demand. With a site permit and secured fuel, we believe we’re poised to be a leader in deploying advanced nuclear by late 2027. As the world experiences an extraordinary transformation driven by AI, the future demands an equally bold solution for energy. We’re proud to lead the way.”