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374Water (SCWO)
NASDAQ:SCWO
Earnings Data
Report Date
May 09, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.02Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 27, 2025
|% Change Since: -5.56%
|Next Earnings Date:May 09, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several strategic achievements such as technological advancements, securing significant contracts, and strengthening financial positions through funding. However, these were counterbalanced by a decline in revenue, increased operating expenses, and a widened net loss. Despite challenges, the company is positioned for future growth with new market opportunities.Company Guidance
During the 374Water Fiscal Year 2024 Financial Results Conference Call, the company provided guidance indicating a strong growth trajectory fueled by their proprietary AirSCWO technology. They projected generating $4 million to $6 million in revenue for 2025, with a potential path to reach $250 million to $500 million in annual revenue over the next five years. This optimism is underpinned by strategic initiatives such as a $12.2 million direct offering to fund technology ruggedization and expansion, as well as new contracts like the waste destruction agreement with the University of North Carolina at Chapel Hill Collaboratory, potentially valued over $5 million. The company plans to enhance its manufacturing capacity, currently able to produce two to four systems simultaneously, to meet the growing demand across municipal, federal, and industrial markets. They also highlighted the establishment of a robust partner network to broaden their reach and service capabilities.Operational and Technological Advancements
Material improvements were made to the AirSCWO system, including ruggedizing and optimizing the system, upgrading pre- and post-treatment systems, and expanding destruction capabilities across solid and liquid waste.
Strategic Relocation and Expansion
The company relocated its systems and operations to Orlando, facilitating delivery on deferred commitments and began manufacturing AS1 and AS6 systems.
Significant Contract Acquisition
Secured a waste destruction contract with the University of North Carolina, potentially worth over $5 million.
Funding and Financial Position
Completed a registered direct offering of $12.2 million in gross proceeds, replenishing cash reserves to $10.7 million as of December 31, 2024.
New Market Opportunities
Expansion into new markets with plans to establish waste destruction service operations in 2025 and partnering with TSDFs.
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SCWO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SCWO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 27, 2025 | $0.36 | $0.34 | -5.56% |
| Nov 14, 2024 | $1.40 | $1.37 | -2.14% |
| Aug 15, 2024 | $1.03 | $1.13 | +9.71% |
| May 16, 2024 | $1.39 | $1.30 | -6.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does 374Water (SCWO) report earnings?
374Water (SCWO) is schdueled to report earning on May 09, 2025, TBA Not Confirmed.
What is 374Water (SCWO) earnings time?
374Water (SCWO) earnings time is at May 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SCWO EPS forecast?
SCWO EPS forecast for the fiscal quarter 2025 (Q1) is -0.02.
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