earnings
confidence high
sentiment neutral
materiality 0.70
Arcadium Lithium Q1 2024: revenue $261M, adj. EBITDA $108.8M, adj. EPS $0.06
Arcadium Lithium plc
2024-Q1 EPS reported
$0.01
revenue$261,200,000
- GAAP net income $15.6M ($0.01 diluted EPS); adjusted EPS $0.06.
- Avg realized pricing for LiOH and Li2CO3 exceeded $20,000/metric ton.
- Combined volumes declined QoQ due to lower spodumene sales from Mt. Cattlin.
- Synergy/cost savings of $60-80M on track for 2024; global workforce reduced ~11%.
- On track to reach 170,000 LCE capacity by 2026; growth capex ~$1.6B from 2024-2026.