MP Materials (MP) Tops Q2 EPS by 2c, Revenues Beat

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Go back to MP Materials (MP) Tops Q2 EPS by 2c, Revenues Beat

MP Materials Reports Second Quarter 2021 Results

August 5, 2021 4:05 PM EDT

Record Quarterly Production, Revenue and Net Income

Accelerates Domestic Magnet Manufacturing Plans; Location TBA Later This Year

Second Quarter 2021 Revenue Grew 141% Year-over-Year to $73.1 million

Second Quarter 2021 Net Income Increased Year-over-Year to $27.2 million

Second Quarter 2021 Adjusted EBITDA Grew 491% Year-over-Year to $46.4 million

MOUNTAIN PASS, Calif.--(BUSINESS WIRE)-- MP Materials Corp. (NYSE: MP) (MP Materials or the Company), the largest rare earth materials producer in the Western Hemisphere, today announced its financial results for the... More