- MP Materials press release ( NYSE: MP ): Q4 Non-GAAP EPS of $0.42 beats by $0.26 .
- Revenue of $93.25M (-5.9% Y/Y) beats by $15.98M .
- Increased production 2% year-over-year to 10,485 metric tons of REO.
- Improved sales volumes 12% year-over-year to 10,816 metric tons of REO.
- “For 2023, the MP team is driving towards run rate production of separated rare earths at Mountain Pass and the first production of magnetic alloy in Fort Worth. As we transform our business, MP is uniquely positioned to capitalize across some of the most critical and exciting verticals of today’s global economic landscape.”
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MP Materials Non-GAAP EPS of $0.42 beats by $0.26, revenue of $93.25M beats by $15.98M