@AltcoinDaily The White House meeting and remarks with technology and cryptocurrency leaders are scheduled for today at 2:30 PM ET in the Roosevelt Room.
MP MATERIALS $MP JUST REPORTED Q1 EARNINGS
Q1 results:
- Revenue: $90.65M vs $76.5M est 🟢
- Adj EBITDA: $36.61M vs $28.5M est 🟢
- Adj EPS: $0.03 vs $0.00 est 🟢
- Adj Net Income: $6.65M vs -$4.21M est 🟢
- GAAP Net Income: -$7.97M
- REO Production: 12,983 metric tons (record, +6% YoY)
Plus: MP just broke ground on its 10X Magnetics facility.
Beat across every line. Production hit a new record.