Origin Materials (ORGN) Tops Q2 EPS by 7c, beats revenue, provides outlook

Origin Materials (NASDAQ: ORGN) reported Q2 EPS of ($0.05), $0.07 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $6.9 million versus the consensus estimate of $5.27 million.

Full Year 2023 Outlook

Based on current business conditions, business trends and other factors, the Company is maintaining the following guidance for revenue and Adjusted EBITDA for fiscal year 2023:

Revenue of $40 million to $60 million

Adjusted EBITDA loss of $50 million to $60 million

For earnings history and earnings-related data on Origin Materials (ORGN) click here.

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