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LanzaTech Global Inc (LNZA) Q3 2024 Earnings Call Highlights: Navigating Challenges and ... [Yahoo! Finance]

LanzaTech Global, Inc. (LNZA) 
Company Research Source: Yahoo! Finance
Joint Development Agreements and Contract Research Revenue: $1.8 million. Carbon Smart Product Sales: $2.2 million, more than doubled quarter-over-quarter. Cost of Revenue: $8.1 million. Gross Margin: 18% of revenue. Operating Expenses: $34.8 million, approximately $5 million increase from prior year. Adjusted EBITDA Loss: $27.1 million, compared to $19.1 million loss in the prior year. Cash Position: $89.1 million at the end of September 2024. Investment by Carbon Direct Capital: $40 million closed in August. Warning! GuruFocus has detected 1 Warning Sign with LNZA. Release Date: November 08, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript LanzaTech Global Inc ( NASDAQ:LNZA ) is evolving its business model to develop and finance its own projects, aiming for greater control over timing and performance. The company has established partnerships with major players like Brookfield Asset Management and the Ol Show less Read more
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