earnings
confidence high
sentiment positive
materiality 0.75
MP Materials Q2 2022: Revenue $143.6M (+96%), Adj. EBITDA $110M (+137%), EPS $0.38
MP Materials Corp. / DE
2022-Q2 EPS reported
$0.83
revenue$309,820,000
- Revenue $143.6M, up 96% YoY; net income $73.3M, up 170%; diluted EPS $0.38 (vs $0.15).
- Adjusted EBITDA $110.0M, up 137%; adjusted diluted EPS $0.43 (vs $0.18).
- REO production 10,300 MT (flat); sales 10,000 MT (+1%); realized price $13,918/MT (+90%).
- Production cost $1,750/MT (+14%); Stage II construction on track for year-end; Stage III magnetics in Texas.