10 Firms Crushing the Market

5. NuScale Power Corporation (NYSE:SMR)

NuScale Power extended its rally for a fourth straight day on Tuesday, adding 21.64 percent to close at $21.64 apiece following the release of a strong earnings performance in the first quarter of the year.

In a statement, NuScale Power Corporation (NYSE:SMR) said revenues during the period expanded by 857 percent to $13.4 million from $1.4 million in the same period last year, driven by strong revenues generated from the FEED Phase 2 project and the Technology License Agreement for the RoPower Doicești power plant.

Operating expenses decreased by 5 percent to $42.3 million from $44.6 million amid lower research and development expenses, which partially offset higher general and administrative expenses.

NuScale Power Corporation (NYSE:SMR) also incurred a loss from operations of $35.3 million, or 19.8 percent lower than the $44 million reported in the same period a year ago.