InvestorsHub Logo
Followers 226
Posts 46691
Boards Moderated 6
Alias Born 02/07/2012

Re: None

Wednesday, 10/10/2018 7:19:52 PM

Wednesday, October 10, 2018 7:19:52 PM

Post# of 182
The Livent IPO's 'a comin'.....

https://www.marketwatch.com/story/livent-ipo-5-things-to-know-about-the-lithium-producer-2018-08-27?mod=pulse_full_story


It is a profitable company
Livent is highly profitable, which is not always the case with companies when they go public. For the first six months of this year, it earned $70.2 million, compared with $27.6 million in the first six months of 2017.

Revenue rose to $211 million in the same period, compared with $140 million in 2017. That sales bump was thanks to higher lithium prices, particularly in lithium hydroxide and butyllithium, as well as higher volumes as a result of a new lithium hydroxide production in China and higher production in Argentina, Livent said.