Arcadium Lithium reports Q2 EPS 7c, consensus 5c

Reports Q2 revenue $254.5M, consensus $248.63M. “We continue to focus on leveraging our low-cost, high quality operational footprint and a commercial strategy of securing long term contracts with strategic customers to navigate through all market environments,” said Paul Graves, president and chief executive officer of Arcadium Lithium. “Similar to last quarter, this approach helped us to achieve higher realized pricing in the second quarter than we would have under a fully market-based pricing approach, and to deliver strong underlying profitability.”