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Livent: 2Q Earnings Snapshot

PHILADELPHIA (AP) _ Livent Corp. (LTHM) on Tuesday reported profit of $15.5 million in its second quarter.

On a per-share basis, the Philadelphia-based company said it had net income of 11 cents. Earnings, adjusted for one-time gains and costs, came to 12 cents per share.

The supplier of performance lithium compounds posted revenue of $114 million in the period.

For the current quarter ending in October, Livent said it expects revenue in the range of $105 million to $115 million.

The company expects full-year revenue in the range of $435 million to $475 million.

Livent shares have fallen 59% since the beginning of the year.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LTHM at https://www.zacks.com/ap/LTHM