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MP Materials Posts Higher Earnings, Revenue in Q1

05/07/2021 09:12

12:57 PM EDT, 05/07/2021 (MT Newswires) -- MP Materials (MP) reported Thursday Q1 earnings of $0.09 per diluted share, up from $0.03 a year earlier.

Product sales for the quarter increased to $60 million from $20.7 million a year ago.

Three analysts polled by Capital IQ expected EPS of $0.07 and revenue of $44.4 million.

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