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Livent News Release Livent Corporation 1818 Market Street , Suite 2550 Philadelphia , PA 19103 USA 215.299.5900 livent.com Media contact : Juan Carlos Cruz +1.215.299.6170 juan.carlos.cruz@livent.com Investor contact : Daniel Rosen +1.215.299.6208 daniel.rosen@livent.com LIVENT RELEASES SECOND QUARTER 2021 RESULTS -- Higher Volumes and Pricing Drove Strong Sequential Improvement -- -- Completed $ 262 Million Equity Issuance to Fund Capacity Expansion -- -- - Released 2020 Sustainability Report -- -- Raising Full Year 2021 Guidance -- PHILADELPHIA , August 5 , 2021 - Livent Corporation ( NYSE : LTHM ) today reported results for the second quarter of 2021 . Revenue was $ 102.2 million , up 11 % from the first quarter of 2021 and 57 % higher versus the prior year , with reported GAAP net income of $ 6.5 million , or 3 cents per diluted share . Adjusted EBITDA was $ 16.0 million , 44 % higher than the first quarter of 2021 and 150 % higher versus the prior year , and adjusted earnings per share was 4 cents per diluted share . Improving market conditions supported higher volumes sold and higher prices across key lithium products versus the prior quarter . Key Recent Developments Livent launched and successfully completed a public equity issuance in June , raising gross proceeds of $ 262 million which will be primarily deployed towards lithium capacity expansions , particularly in Argentina . Livent resumed its capacity expansion projects in the United States and Argentina earlier this year , backed by the execution of recent long - term supply agreements , an improving market outlook and continued local government and community support . " We were pleased to complete the equity issuance and are focused on executing on our capacity expansion projects , which are progressing on - schedule , ” said Paul Graves , president and chief