Sam Altman-Backed Oklo Reports Q3 Earnings: 'Momentum Is Building Every Week'

Oklo Inc (NYSE:OKLO) reported third-quarter financial results after the market close on Thursday. Here’s a rundown of the nuclear company’s report.

Q3 Earnings: Oklo reported a third-quarter loss of eight cents per share, according to Benzinga Pro. The Sam Altman-backed company noted it used $24.9 million of cash in operations year-to-date.

Oklo reported operating losses of $37.4 million since the start of the year. The company said it remains on track to meet its full-year operating loss forecast of $40 to $50 million.

Oklo ended the quarter with $288.5 million in cash, cash equivalents and marketable securities.

“We are entering an ...

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