MP Materials Q2 Adjusted Loss Narrows, Revenue Rises; Shares Rise After Hours

MT Newswires Live
Aug 08

MP Materials (MP) reported a Q2 adjusted loss Thursday of $0.13 per diluted share, narrower than a loss of $0.17 a year earlier.

Analysts polled by FactSet expected a loss of $0.20.

Revenue for the quarter ended June 30 was $57.4 million, up from $31.3 million a year earlier.

Analysts surveyed by FactSet expected $46.1 million.

The company's shares was up more than 6% afterhours.

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