Origin Materials (ORGN) Tops Q1 EPS by 11c

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Go back to Origin Materials (ORGN) Tops Q1 EPS by 11c

Origin Materials, Inc. Reports Financial Results for First Quarter 2022

May 9, 2022 4:00 PM EDT

Customer Demand is Strong and Broad Based, Increased Contracted Offtake Agreements and Capacity Reservations to $7.4 Billion

Origin 1 Construction Timeline On Track and Capital Budget Increased by $15 to $20 Million Due to Rising Inflation and Challenging Supply Chain Environment

Origin 2 Construction Timeline, Budget, and Financing Unchanged

Maintains 2022 Adjusted EBITDA Forecast Loss of $36 Million and Updates Capital Expenditure Outlook to up to $175 Million

WEST SACRAMENTO, Calif.--(BUSINESS WIRE)-- Origin Materials, Inc. (Origin, Origin Materials, or the Company) (Nasdaq: ORGN, ORGNW), the worlds leading carbon negative materials company with a mission to enable... More