Livent: 2Q Earnings Snapshot
PHILADELPHIA (AP) _ Livent Corp. (LTHM) on Tuesday reported profit of $15.5 million in its second quarter.
On a per-share basis, the Philadelphia-based company said it had net income of 11 cents. Earnings, adjusted for one-time gains and costs, came to 12 cents per share.
The supplier of performance lithium compounds posted revenue of $114 million in the period.
For the current quarter ending in October, Livent said it expects revenue in the range of $105 million to $115 million.
The company expects full-year revenue in the range of $435 million to $475 million.
Livent shares have fallen 59% since the beginning of the year.