NET Power Second Quarter 2024 Earnings: US$0.059 loss per share (vs US$2.53 loss in 2Q 2023)

NET Power (NYSE:NPWR) Second Quarter 2024 Results

Key Financial Results

• Net loss: US$4.27m (loss narrowed by 92% from 2Q 2023).
• US$0.059 loss per share (improved from US$2.53 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

NET Power Earnings Insights

Looking ahead, revenue is forecast to grow 79% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electrical industry in the US.

Performance of the American Electrical industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for NET Power you should be aware of.

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