Oklo Inc.

(NYSE:OKLO) shares are trading higher on Friday, up nearly 8%, after the company reported its first-ever revenue figure.

Earnings Snapshot The company reported second-quarter revenue of $1.21 million, significantly exceeding the estimated $126,250.

It reported a loss of 28 cents per share, wider than the analyst estimate of loss of 16 cents per share.

Oklo ended the second quarter with $1.6 billion in cash and cash equivalents.