Livent Releases Second Quarter 2020 Results
(WorldNews Argentina)

PHILADELPHIA, Aug. 6, 2020 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today reported results for the second quarter of 2020. Second quarter 2020 revenue was $64.9 million, with a reported GAAP net loss of $0.2 million, or breakeven on a per diluted share basis. Adjusted EBITDA was $6.4 million and adjusted earnings per share were also breakeven. Second quarter results reflected the continuation of difficult market conditions for both Livent and the lithium industry as a whole, exacerbated by COVID-19 related supply chain disruptions and related customer order delays. All Livent production facilities are operational and have been operating without material disruptions. In Argentina, the...