Lanzatech announces first quarter 2024 financial results and reiterates full year 2024 outlook

Achieved total revenue of $10.2 million for first quarter 2024 in-line with annual guidance and consistent with outlook of back-end weighted full year 2024 revenue reiterating full year 2024 outlook including total revenue of $90 - $105 million cash, restricted cash, and investments of $92.3 million at march 31, 2024 chicago, may 09, 2024 (globe newswire) -- lanzatech global, inc. (nasdaq: lnza) (“lanzatech” or the “company”), the carbon recycling company transforming waste carbon into sustainable raw materials, today reported its financial and operating results for the first quarter 2024 and reiterated its previously issued financial outlook for full year 2024. “we delivered first quarter financial results in-line with our previously issued annual guidance, while achieving a key milestone with project secure, showcasing our capacity for innovative, scalable carbon recycling solutions,” said jennifer holmgren, board chair and chief executive officer of lanzatech.
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