Origin Materials (ORGN) Misses Q3 EPS by 15c, provides guidance

Origin Materials (NASDAQ: ORGN) reported Q3 EPS of ($0.26), $0.15 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $8.2 million versus the consensus estimate of $8.3 million.

GUIDANCE:

Origin Materials sees FY2024 revenue of $25-35 million, versus the consensus of $31.236 million. Net cash burn between $55 million and $65 million.

For earnings history and earnings-related data on Origin Materials (ORGN) click here.

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