LanzaTech's Q3 2024 earnings narrowly beat expectations, but revenue fell short; the company is focusing on developing its own projects.

LanzaTech Global, a carbon refining company, reported mixed Q3 2024 earnings, with an EPS of -$0.00029 exceeding expectations but revenue falling short at $9.9 million. The company is shifting its business model to develop its own projects for better control and profitability. CEO Dr. Jennifer Holmgren highlighted planned projects in Norway and a joint venture with the Olayan Group in the Middle East.

November 09, 2024
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