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Oklo Inc. Class A (OKLO)
:OKLO
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.07Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2024
|% Change Since: 9.09%
|Next Earnings Date:Aug 13, 2024
Earnings Call Sentiment|Positive
The earnings call highlighted significant strategic partnerships, regulatory progress, and a major acquisition, which underscore a positive outlook for Oklo's growth and market position. However, the operational loss and potential share price impact from lock-up expirations present challenges that need to be managed.Company Guidance
During the Oklo Q3 2024 earnings call, CEO Jacob Dewitte provided significant guidance on multiple metrics, reflecting the company's strategic advancements and future plans. Oklo has been actively signing strategic partnerships, including a notable agreement with Equinix for 500 megawatts of power, along with a $25 million prepayment. Their customer pipeline is robust, with letters of intent for up to 2.1 gigawatts, including new agreements with two major data centers for up to 750 megawatts. Dewitte outlined Oklo's unique build, own, and operate business model and emphasized their progress in regulatory and permitting processes, targeting late 2027 for the first reactor to be operational. Additionally, Oklo announced the acquisition of Atomic Alchemy, aiming to integrate radioisotope production into its operations, tapping into a market estimated at over $55 billion by 2026. Financially, Oklo managed a year-to-date cash burn of $24.9 million with $288.5 million in cash and marketable securities at the end of Q3, and they maintained guidance for a full-year operating loss between $40 million and $50 million.Strategic Partnerships and Deals
Oklo signed a strategic partnership agreement with Equinix for 500 megawatts of power, including a $25 million prepayment. Additional letters of intent signed with two major data centers for up to 750 megawatts.
Regulatory Progress
Secured key DOE agreements for project execution at the Idaho National Lab and received approval for the Conceptual Safety Design Report for the Aurora Fuel Fabrication Facility.
Acquisition of Atomic Alchemy
Oklo announced the acquisition of Atomic Alchemy, aiming to integrate radioisotope production into its fuel recycling process, creating a complementary revenue stream.
Customer Pipeline Growth
Oklo's customer pipeline expanded to 2.1 gigawatts with new agreements, reflecting increased interest in nuclear power from data centers and other sectors.
Financial Position
Oklo ended the third quarter with $288.5 million in cash and marketable securities, primarily driven by proceeds received at the deal closure.
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OKLO 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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OKLO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $23.88 | $18.00 | -24.62% |
| Aug 13, 2024 | $7.42 | $7.61 | +2.56% |
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 Oklo Inc. Class A (OKLO) report earnings?
Oklo Inc. Class A (OKLO) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Oklo Inc. Class A (OKLO) earnings time?
Oklo Inc. Class A (OKLO) earnings time is at Feb 25, 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 OKLO EPS forecast?
OKLO EPS forecast for the fiscal quarter 2024 (Q4) is -0.07.
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