Oklo Publishes Third Quarter 2024 Financial Results and Business Update

Rhea-AI Summary

Oklo (NYSE: OKLO), an advanced fission power technology and nuclear fuel recycling company, has released its financial results and business update for Q3 2024, ending September 30. The company has published a shareholder letter and updated investor presentation on their website. A conference call is scheduled for November 14th, 2024, at 1:30 PM PT / 4:30 PM ET, featuring CEO Jacob DeWitte and CFO Craig Bealmear. The webcast will be accessible through the company's investor relations website and archived for 12 months.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO) (“Oklo” or “the Company”), an advanced fission power technology and nuclear fuel recycling company, today published its financial results and business update for the third quarter ended September 30, 2024.

In addition, the Company has posted a shareholder letter and an updated investor presentation on its investor relations website at oklo.com/investors.

Oklo will host a conference call today, November 14th, 2024, at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Jacob DeWitte, Co-Founder and Chief Executive Officer, and Craig Bealmear, Chief Financial Officer, will speak on the call. A webcast of the call can be accessed by visiting the Events & Presentations section of the Company’s investor relations website.

An archive of the webcast will be available shortly after the conclusion of the event and will be available for 12 months.

About Oklo Inc.: Oklo Inc. is developing fast fission power plants to provide clean, reliable, and affordable energy at scale. Oklo received a site use permit from the U.S. Department of Energy, was awarded fuel material from Idaho National Laboratory, submitted the first advanced fission custom combined license application to the U.S. Nuclear Regulatory Commission, and is developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.

Forward-Looking Statements

This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.

As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the deployment of Oklo’s powerhouses; the risk that Oklo is pursuing an emerging market, with no commercial project operating, regulatory uncertainties; the potential need for financing to construct plants, market, financial, political and legal conditions; the effects of competition; changes in applicable laws or regulations; and the outcome of any government and regulatory proceedings and investigations and inquiries.

The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release and in any document incorporated by reference are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241114407592/en/

Media and Investor Contact for Oklo:

Bonita Chester, Head of Communications and Media at media@oklo.com

Investor Contact:

Sam Doane, Director of Investor Relations at investors@oklo.com

Source: Oklo Inc.

FAQ

When did Oklo (OKLO) release its Q3 2024 earnings?

Oklo released its Q3 2024 financial results and business update on November 14th, 2024.

What time is Oklo's (OKLO) Q3 2024 earnings call?

Oklo's Q3 2024 earnings call is scheduled for November 14th, 2024, at 1:30 PM Pacific Time / 4:30 PM Eastern Time.

Who are the speakers on Oklo's (OKLO) Q3 2024 earnings call?

The speakers on the earnings call are Jacob DeWitte, Co-Founder and CEO, and Craig Bealmear, CFO.

How long will Oklo's (OKLO) Q3 2024 earnings webcast be available?

The webcast archive will be available for 12 months after the event.