Livent Corporation (LTHM) Reports In-Line Q1 EPS, Q2 Guidance Misses
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Livent Corporation Announces First Quarter 2019 Results
May 7, 2019 4:30 PM EDTPHILADELPHIA, May 7, 2019 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today reported results for the first quarter of 2019. Livent reported revenue of $98.3 million, a decrease of 4 percent compared to the same quarter in 2018, and GAAP net income of $16.9 million. First quarter 2019 Adjusted EBITDA and adjusted earnings per share were $27.6 million and 12 cents per diluted share, respectively. Livent also successfully completed its separation from FMC Corporation via a share distribution on March 1st, resulting in full independence as a publicly traded company.
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