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0.00942148760330566 0.0578512396694213 0.0330578512396693 0.0247933884297519 0.0578512396694213 0.0743801652892561 0.0743801652892561 0.0413223140495866
Stock impact report

Origin Materials, Inc. Reports Operating and Financial Results for Third Quarter 2024 [Yahoo! Finance]

Origin Materials, Inc. - Class A (ORGN) 
US:NASDAQ Investor Relations: origenfinancial.com
Company Research Source: Yahoo! Finance
– Test Attended by Multiple Prospective Customers Totaling 100 Billion in Annual Caps Consumption – – Targeting Eight or More CapFormer Systems Online by End of 2025, Expected to be Sufficient to Enable Positive EBITDA – – Reaffirms Expectation of Run-Rate EBITDA Positive 1st Half 2026, No Additional Equity Capital Required – – Maintains 2024 Revenue and Net Cash Burn Guidance – WEST SACRAMENTO, Calif., November 14, 2024 BUSINESS WIRE )--Origin Materials, Inc. ("Origin," "Origin Materials," or the "Company") (Nasdaq: ORGN, ORGNW), a technology company with a mission to enable the world's transition to sustainable materials, today announced financial results for its third quarter ended September 30, 2024. "This quarter we achieved a milestone on our journey to profitability: the successful Factory Acceptance Test of our first CapFormer System," said Rich Riley, Co-Chief Executive Officer of Origin. "Our proprietary system for manufacturing what we believe to be the world's f Show less Read more
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