ORGN - Origin Materials GAAP EPS of $0.07 beats by $0.18 revenue of $1.7M beats by $0.4M
2023-05-10 16:26:13 ET
- Origin Materials press release ( NASDAQ: ORGN ): Q1 GAAP EPS of $0.07 beats by $0.18 .
- Revenue of $1.7M beats by $0.4M .
- Cash, cash equivalents and marketable securities were $263.9 million as of March 31, 2023. A meaningful portion of Q1 cash expenditures were related to the completion of Origin 1 and are therefore non-recurring
- 2023 Outlook: Revenue of $40 million to $60 million
- Adjusted EBITDA loss of $50 million to $60 million.
- Shares -0.46% .
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Origin Materials GAAP EPS of $0.07 beats by $0.18, revenue of $1.7M beats by $0.4M