Fervo Energy Reports Q1 GAAP EPS of -$3.72 and Revenue of $60,000
Fervo Energy (NASDAQ:FRVO) reported first-quarter GAAP earnings per share (EPS) of -$3.72, missing estimates by $3.62, while revenue came in at $60,000 against expectations of $340,000. The results highlight ongoing financial challenges for the geothermal energy company.
Tickers: $FRVO
Topics: earnings revenue_miss