LTHM - Dividend announcements

PHILADELPHIA, Feb. 14, 2023 /PRNewswire/ -- -- Strong Fourth Quarter Caps Record Financial Performance in 2022 -- -- Capacity Expansions Expected to Drive 20% Higher Sales Volumes in 2023 -- -- 50% Adjusted EBITDA(1) Growth at Midpoint of 2023 Guidance -- Livent Corporation (NYSE:LTHM) today reported results for the fourth quarter and full year of 2022. Fourth quarter revenue was $219.4 million, down 5% and up 79% from the third quarter of 2022 and the prior year's quarter, respectively.  Reported GAAP net income was $82.7 million, compared to $77.6 million and $7.5 million in

BESSEMER CITY, N.C., Nov. 14, 2022 /PRNewswire/ -- Livent Corporation (NYSE:LTHM) today opened the first of several major expansions of the company's operations around the world, significantly boosting its lithium hydroxide production capacity in Bessemer City, North Carolina, a birthplace of lithium-ion battery technology and an increasingly important supply hub for the growing electric vehicle (EV) industry. Livent's leading footprint in North America positions the company to take advantage of long-term growth opportunities and downstream incentives from the recently enacted

PHILADELPHIA, Nov. 1, 2022 /PRNewswire/ --  -- Record Financial Performance Achieved in Third Quarter -- -- Capacity Expansions Remain on Track -- -- Increasing Midpoint of 2022 Full Year Adjusted EBITDA Guidance -- Livent Corporation (NYSE:LTHM) today reported results for the third quarter of 2022. Revenue was $231.6 million, up 6% and 124% from the second quarter of 2022 and the prior year, respectively.  Reported GAAP net income was $77.6 million, 29% higher than the previous quarter, and 37 cents per diluted share.  Adjusted EBITDA was $110.8 million, 17% above the previou

-- Record Financial Performance Achieved in Second Quarter -- -- Entered into Long-Term Supply Agreement with General Motors -- -- Raises 2022 Full Year Revenue and Adjusted EBITDA Guidance -- PHILADELPHIA, Aug. 2, 2022 /PRNewswire/ -- Livent Corporation (NYSE:LTHM) today reported results for the second quarter of 2022. Revenue was $218.7 million, up 52% and 114% from the first quarter of 2022 and the prior year, respectively.  Reported GAAP net income was $60.0 million, 13% higher than the previous quarter, and 31 cents per diluted share.  Adjusted EBITDA was $95.0 million, 7

PHILADELPHIA, May 3, 2022 /PRNewswire/ -- -- Strong First Quarter Performance with Adjusted EBITDA Almost Double Q4 2021 ---- Significantly Raises Full Year Guidance with 2022 Adjusted EBITDA Almost 5x 2021 ---- Announces Multiple Additional Carbonate and Hydroxide Capacity Expansions ---- Provides Details on Agreement to Double Ownership Stake in Nemaska to 50% -- Livent Corporation (NYSE:LTHM) today reported results for the first quarter of 2022. Revenue was $143.5 million, up 17% from the fourth quarter of 2021 and 56% higher compared to the prior year.  Reported GAAP net i

PHILADELPHIA, May 2, 2022 /PRNewswire/ -- Livent Corporation (NYSE:LTHM) today announced that it has agreed to double its ownership interest to 50% in Nemaska Lithium Inc. ("Nemaska"), a fully integrated lithium hydroxide development project located in Québec, Canada.  Livent will issue 17,500,000 shares of its common stock to The Pallinghurst Group ("Pallinghurst") and its investors to acquire their half of Québec Lithium Partners ("QLP").  Livent already owns the other half of QLP.  Following the close of the transaction, QLP will become a wholly owned subsidiary of Livent, and Livent will in turn own 50% of Nemaska through QLP.  Investissement Québec ("IQ") will remain the owner of the re

PHILADELPHIA, Feb. 17, 2022 /PRNewswire/ -- -- Strong Quarter with Full Year 2021 Results at the Top of Guidance ---- 2022 Adjusted EBITDA Guidance Almost Three-Times 2021 at the High End of Range ---- Announces New 20,000 MT Lithium Carbonate Expansion in Argentina -- Livent Corporation (NYSE:LTHM) today reported results for the fourth quarter of 2021. Revenue was $122.9 million, up 19% from the third quarter of 2021 and 50% higher compared to the prior year.  Reported GAAP net income was $7.5 million, or 4 cents per diluted share.  Adjusted EBITDA was $27.5 million and adjus

PHILADELPHIA, Nov. 4, 2021 /PRNewswire/ -- -- Strong Market Conditions Drove Higher Pricing and Demand ---- Logistics Disruptions Continue to Impact Lithium Supply Chains ---- Carbonate and Hydroxide Expansions Remain on Track ---- Increasing Full Year Guidance -- Livent Corporation (NYSE:LTHM) today reported results for the third quarter of 2021. Revenue was $103.6 million, up 1% from the second quarter of 2021 and 43% higher versus the prior year.  Reported GAAP net loss was $12.6 million, or a loss of 8 cents per diluted share.  Adjusted EBITDA was $14.9 million and adjuste

PHILADELPHIA, Nov. 1, 2021 /PRNewswire/ -- -- Enables Higher Capacity, Longer Life Batteries ---- Improves Safety and Sustainability, Reduces Manufacturing Costs ---- Can Be Applied Using Standard Industry Equipment and Scaling Methods ---- Advances Development of Next Generation Batteries -- Livent Corporation (NYSE:LTHM) today announced its proprietary LIOVIX™ lithium metal product, a unique printable formulation of lithium metal and other specialty materials that can improve the performance of lithium-ion batteries, reduce manufacturing costs and enable the next generatio

PHILADELPHIA, Aug. 5, 2021 /PRNewswire/ -- -- Higher Volumes and Pricing Drove Strong Sequential Improvement ---- Completed $262 Million Equity Issuance to Fund Capacity Expansion ---- Released 2020 Sustainability Report ---- Raising Full Year 2021 Guidance -- Livent Corporation (NYSE:LTHM) today reported results for the second quarter of 2021. Revenue was $102.2 million, up 11% from the first quarter of 2021 and 57% higher versus the prior year, with reported GAAP net income of $6.5 million, or 3 cents per diluted share.  Adjusted EBITDA was $16.0 million, 44% higher than th

PHILADELPHIA, June 30, 2021 /PRNewswire/ -- Livent Corporation (NYSE:LTHM) today published its latest annual Sustainability Report.  The report details the company's progress in 2020 along its sustainability journey and reaffirms its commitment to environmental protection, social responsibility and greater transparency.  Key ESG metrics in the report were reviewed and assured by third-party ERM Certification and Verification Services (ERM CVS), and the content satisfies more of the requirements of leading disclosure frameworks.     President and CEO of Livent, Paul Graves, com

PHILADELPHIA, May 3, 2021 /PRNewswire/ -- -- 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 (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

PHILADELPHIA, Feb. 18, 2021 /PRNewswire/ -- -- Increased Volumes, Higher Realized Pricing and Lower Costs Drove Sequential Improvement ---- Announces Multi-Year Supply Agreement with BMW Group ---- Expands on New Sustainability Goals ---- Provides Full Year 2021 Outlook -- Livent Corporation (NYSE: LTHM) today reported results for the fourth quarter and full year of 2020. Fourth quarter 2020 revenue was $82.2 million, a sequential improvement over the third quarter of 13% driven by higher volumes sold and better realized pricing.  Reported GAAP net loss was $5 million, or a loss of 3 cents per diluted share.  Fourth quarter 2020 Adjusted EBITDA was $5.6 million and adjusted loss per share wa