Workflow
Origin Materials(ORGN) - 2024 Q3 - Quarterly Results
ORGNOrigin Materials(ORGN)2024-11-14 21:02

Origin Materials, Inc. Reports Operating and Financial Results for Third Quarter 2024 – Completed Factory Acceptance Test for 1st PET Cap Manufacturing System, Production Timing on Track – – 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 Requi ...