Fervo Energy's Q1 Net Loss Widens

MT Newswires Live

06/22

Fervo Energy (FRVO) reported a Q1 net loss Monday of $3.72 per diluted share, widening from a loss of $1.02 a year earlier.

Two analysts polled by FactSet expected a loss of $0.10 per share.

Revenue for the quarter ended March 31 was $61,000.

Analysts polled by FactSet expected $30,000.

Shares of the company were up 8.2% in Monday's premarket activity.

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