(Livent Corporation, 3.May.2022) — Livent Corporation (NYSE: LTHM) reported results for the first quarter of 2022. Revenue was $143.5mn, up 17% from the fourth quarter of 2021 and 56% higher compared to the prior year. Reported GAAP net income was $53.2mn, 609% higher than the previous quarter, and 28 cents per diluted share. Adjusted EBITDA was $53.3mn, […]
Tag: Livent Corporation
Livent to Double its Ownership Stake in Nemaska Lithium to 50%
(Livent Corp., 2.May.2022) — Livent Corporation (NYSE: LTHM) announced that it has agreed to double its ownership interest to 50% in Nemaska Lithium Inc., a fully integrated lithium hydroxide development project located in QuĂ©bec, Canada. Livent will issue 17,500,000 shares of its common stock to The Pallinghurst Group and its investors […]