Oklo’s Q1 net loss of $33.1M matched analyst forecasts but expanded from $9.8M a year earlier.
Oklo (OKLO) shares fell 5.6% after reporting a first-quarter net loss of $33.1M, or $0.19 per share, aligning with analyst expectations. The loss deepened from $9.8M, or $0.07 per share, in the same period last year.
The nuclear technology startup’s results reflect ongoing investment in development and operational scaling. Analysts had anticipated the $0.19 per share loss, though the year-over-year widening underscores rising costs.
William Blair maintained its Outperform rating on Oklo following the report, citing long-term growth potential despite near-term losses.