Albemarle Reports First Quarter 2024 Results [Yahoo! Finance]
Albemarle Corporation (ALB)
Last albemarle corporation earnings: 2/19 04:15 pm
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Source: Yahoo! Finance
and health, today announced its results for the first quarter ended March 31, 2024 First-Quarter 2024 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion , driven by Energy Storage volume growth as projects ramp Net income of $2 million , or (a) per diluted share attributable to common shareholders Adjusted diluted EPS attributable to common shareholders of Adjusted EBITDA (b) of $291 million On track to deliver more than $280 million target in productivity benefits in 2024; in Q1, delivered over $90 million in productivity and restructuring cost savings Conducted successful bidding events for spodumene concentrate and lithium carbonate, designed to promote price transparency and discovery Achieved 50% operating rate milestone at Kemerton I; commissioning at Meishan and ramp of the Salar Yield Improvement Project continue to progress well Reaffirmed FY 2024 corporate outlook considerat
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ALB
Earnings
- 5/1/24 - Miss
ALB
Sec Filings
- 5/15/24 - Form 144
- 5/14/24 - Form 3
- 5/14/24 - Form 4
- ALB's page on the SEC website