Oklo Reports FY24 Earnings: 'Growing' Customer Pipeline, New Board Members, Shares Slide

Oklo Inc (NYSE:OKLO) reported 2024 financial results after the market close on Monday. Here’s a look at the key details from the print.

FY24 Earnings: Oklo reported a full-year 2024 earnings loss of 74 cents per share, versus a loss of 47 cents per share in the prior year, according to Benzinga Pro.

The Sam Altman-backed nuclear startup said its 50 MW reactor is now capable of scaling up to 75 MW. The company also highlighted recent deals with Switch and RPower, as well as its acquisition of Atomic Alchemy.

Oklo reported operating losses of $52.8 million in 2024. The company said it used $38.4 million of cash in operations in 2024, below its forecasted range of $40 million to $50 million. Oklo ...