earnings
confidence high
sentiment positive
materiality 0.75
MP Materials Q3: Revenue $99.8M (+143% YoY); Net income $42.8M (+192% YoY)
MP Materials Corp. / DE
2021-Q3 EPS reported
$0.47
revenue$232,843,000
- Revenue $99.8M, up 143% YoY; net income $42.8M, up 192% YoY.
- Adjusted EBITDA $68.3M, up 488% YoY; adjusted net income $52.0M, up 617% YoY.
- REO sales volume 12,814 MT (+36% YoY); realized price per MT $7,693 (+127% YoY).
- REO production volume 11,998 MT (+18% YoY); production cost per MT $1,449 (+4% YoY).
- Progress on Stage II optimization and Stage III downstream expansion into magnetics.