earnings
confidence high
sentiment positive
materiality 0.75
MP Materials Q1 revenue $166.3M (+177% YoY); net income $85.6M (+431%)
MP Materials Corp. / DE
2022-Q1 EPS reported
$0.45
revenue$166,258,000
- Record quarterly revenue $166.3M, net income $85.6M, and adjusted EBITDA $132.3M.
- Diluted EPS $0.45 (+400% YoY); adjusted diluted EPS $0.50 (+285%).
- REO sales volume 11,706 MT (+20% YoY); realized price $13,818/MT (+135%).
- REO production volume 10,828 MT (+10% YoY); production cost $1,594/MT (+8%).
- CEO cites progress on Stage II at Mountain Pass and Stage III magnetics facility in Texas.