Livent Releases First Quarter 2021 Results

Livent Releases First Quarter 2021 Results
Higher Volumes and Lower Costs Drove Sequential Improvement — — Resumes Capacity Expansion in Argentina and the U.S. — — Expects 2021 Performance at Higher End of Guidance Ranges — Livent Corporation today reported results for the first quarter of 2021. Revenue was $91.7 million up 12% from the fourth quarter of 2020, with a reported GAAP net loss of $0.8 million or a loss of 1 cent per diluted share.  …
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— Resumes Capacity Expansion in Argentina and the U.S. —
— Expects 2021 Performance at Higher End of Guidance Ranges —
Livent Corporation (NYSE: LTHM) today reported results for the first quarter of 2021.
Revenue was $91.7 million , up 12% from the fourth quarter of 2020, with a reported GAAP net loss of $0.8 million , or a loss of 1 cent per diluted share.  Adjusted EBITDA was $11.1 million , 98% higher than the fourth quarter of 2020, and adjusted earnings per share was 2 cents per diluted share.  First quarter results improved sequentially versus the fourth quarter driven by higher volumes sold and lower costs.

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