MP Materials Reports Second Quarter 2022 Results
MP Materials Corp. (MP)
Company Research
Source: Business Wire
Sales and Production Volumes of 10,000 and 10,300 Metric Tons of REO, RespectivelyRevenue Up 96% Year-over-Year to $143.6MNet Income Increased 170% Year-over-Year to $73.3MAdjusted EBITDA Increased 137% Year-over-Year to $110.0MDiluted EPS Grew 153% Year-over-Year to $0.38Adjusted Diluted EPS Grew 139% Year-over-Year to $0.43 LAS VEGAS--(BUSINESS WIRE)--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial results for the three months ended June 30, 2022.“The MP team delivered another quarter of solid execution and strong financial performance. We benefited from higher pricing and tightly managed costs while adding talent to the team,” said MP Materials Chairman and CEO, James H. Litinsky. “We continue to progress toward completing Stage II construction, targeted for year end, and our initial Stage III magnetics facility in Texas is rapidly taking shape.”Second Quarter 2022 Financial and Operational Highlights For the three months ended June 30,
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News
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MP
Earnings
- 2/22/24 - Beat
MP
Sec Filings
- 4/5/24 - Form SC
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- MP's page on the SEC website