STOCK TITAN

Livent (LTHM) Stock News, Nov 2022-Apr 2023

LTHM NYSE

Welcome to our dedicated page for Livent news (Ticker: LTHM), a resource for investors and traders seeking the latest updates and insights on Livent stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Livent's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Livent's position in the market.

Rhea-AI Summary

Livent Corporation (NYSE: LTHM) will release its first quarter 2023 earnings on May 2, 2023, after the market closes. The announcement will be accessible via PR Newswire and the company's website.

A webcast conference call is scheduled for the same day at 4:30 p.m. ET, allowing public access through an internet broadcast. The replay will be available until May 16, 2023.

Livent emphasizes its position as a key player in the lithium market, with a workforce comprising approximately 1,350 employees globally, including operations in the U.S., England, China, and Argentina.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.86%
Tags
conferences earnings
-
Rhea-AI Summary

Livent Corporation (NYSE: LTHM) announced that its CEO, Paul Graves, will present at the BMO Global Metals, Mining & Critical Minerals Conference on February 27, 2023, at 4:30 p.m. ET. The event will be accessible live on the Livent Investor Relations website. A replay will be available for three months post-event. Livent has been a leader in producing high-quality lithium compounds for nearly eight decades, supporting the growing demand for lithium in green energy and specialized sectors. The company operates manufacturing sites in the U.S., England, China, and Argentina, employing approximately 1,350 people.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.96%
Tags
conferences
-
Rhea-AI Summary

Livent Corporation (NYSE: LTHM) reported a strong financial performance for Q4 and full year 2022, with Q4 revenue at $219.4 million, up 79% year-over-year. Full year revenue reached $813.2 million, nearly double from 2021, while GAAP net income was $273.5 million, or $1.36 per diluted share. Livent expects a 30% revenue increase in 2023, projecting $1,000-$1,100 million and $510-$580 million in Adjusted EBITDA, uplifted by capacity expansions and increased demand. The company is advancing capacity expansions in Argentina and the U.S., aiming for a doubling of lithium carbonate capacity to about 40,000 metric tons by year-end 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.08%
Tags
Rhea-AI Summary

Summary not available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
none
-
Rhea-AI Summary

Livent Corporation (NYSE: LTHM) will release its fourth quarter 2022 earnings on February 14, 2023, after the market closes. The announcement will be made via PR Newswire and the company website. A webcast conference call is scheduled for the same day at 4:30 p.m. ET, allowing public participation through an Internet broadcast. Dial-in access will also be available for interested parties. A replay of the call can be accessed until February 28, 2023. Livent focuses on producing high-quality lithium compounds, with operations in the U.S., England, China, and Argentina.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
Tags
conferences earnings
-
Rhea-AI Summary

Livent Corporation (NYSE: LTHM) has announced that its 2023 Annual Meeting of Stockholders will be held via live webcast on April 25, 2023, at 2:00 p.m. E.T. Instructions for accessing the webcast will be available on the company's Investor Relations website. With nearly eight decades of experience, Livent focuses on producing high-quality lithium compounds to meet the growing demand for lithium in various sectors, including green energy and modern mobility. The company operates in the U.S., England, China, and Argentina.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
none
Rhea-AI Summary

Livent Corporation (NYSE: LTHM) and Nanyang Technological University (NTU Singapore) announced a research collaboration on November 29, 2022. This partnership aims to enhance sustainable lithium battery technologies, led by Professor Madhavi Srinivasan. Livent's Chief Commercial Officer, Walter Czarnecki, emphasized the importance of expanding R&D partnerships to innovate battery solutions. Professor Srinivasan highlighted NTU's commitment to commercializing research for impactful outcomes, fostering sustainability in lithium-ion batteries used in electric vehicles and portable devices globally.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.28%
Tags
partnership
-
Rhea-AI Summary

Livent Corporation (NYSE: LTHM) will have CFO Gilberto Antoniazzi speaking at Deutsche Bank's 7th Annual Lithium and Battery Supply Chain Conference on December 7, 2022, at 8:50 a.m. ET. The event will be accessible live via the Livent Investor Relations website. A replay will be available for 30 days post-event. Livent is known for its sustainable lithium production, serving various sectors including green energy and modern mobility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
Tags
conferences
-
Rhea-AI Summary

Livent Corporation (NYSE: LTHM) has inaugurated a significant expansion at its lithium hydroxide production facility in Bessemer City, North Carolina. This expansion increases capacity by 50%, aligning with the rising demand for EV battery materials in the U.S. The company aims to leverage opportunities from the Inflation Reduction Act, promoting local production of lithium. This marks the first new lithium hydroxide facility in North America in over a decade, with local officials emphasizing the positive impact on jobs and the community.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.83%
Tags
none
Rhea-AI Summary

Livent Corporation (NYSE: LTHM) reported a strong third quarter in 2022 with revenue of $231.6 million, marking a 124% year-on-year increase. The company achieved a GAAP net income of $77.6 million, up 29% from the previous quarter, and adjusted EBITDA reached $110.8 million, a 17% sequential growth. The firm is on track with its capacity expansions, including a 5,000 metric ton increase in Bessemer City and plans for additional capacity in Argentina and China. Livent revised its 2022 revenue guidance to $815 million to $845 million, reflecting an optimistic outlook.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.26%
Tags