USA Rare Earth Stock Climbs After Q1 Earnings Release — Here's Why

benzinga_article
2026.05.13 20:50
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USA Rare Earth Inc. (NASDAQ:USAR) reported Q1 earnings, surpassing analyst expectations with adjusted losses of 12 cents per share and revenue of $5.7 million. CEO Barbara Humpton highlighted significant transformations, including a $1.5 billion PIPE financing and consolidation of the Round Top project. The company anticipates reaching 600 MTPA magnet manufacturing capacity by Q4 2026. Following the earnings release, USAR stock rose 1.49% to $25.80 in extended trading.