Origin Materials (ORGN) Misses Q2 EPS by 2c, Misses on Revenue; Offers FY24 Revenue Guidance
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Origin Materials, Inc. Reports Operating and Financial Results for Second Quarter 2024
August 14, 2024 4:00 PM EDTAnnounces Signed Customer Memorandum of Understanding For Over $100 Million of PET Caps
Reaffirms PET Cap Commercial Production on Track to Begin in Fourth Quarter 2024, With Caps Revenue Ramp-Up to Begin in First Quarter 2025
Reaffirms Pathway to Profitability Requiring No Additional Equity Capital
Maintains 2024 Revenue and Net Cash Burn Guidance
WEST SACRAMENTO, Calif.--(BUSINESS WIRE)-- Origin Materials, Inc. (Origin, Origin Materials, or the Company) (Nasdaq: ORGN, ORGNW), a technology company with a mission to enable the worlds transition to sustainable materials, today announced financial results for its second quarter ended June... More
