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Inaugural Revenue and Profit Recorded on Commencement of Lithium Concentrate Shipments
Revenue of $47.1 million on sales of 29,011 dry metric tons (dmt) of lithium concentrate. Gross profit of $23.8 million, reflecting a gross profit margin of 50.4%. Net income of $22.9 million and adjusted net income(1) of $16.9 million. Diluted earnings per share of $1.19 and adjusted diluted earnings per share(1) of $0.88. Adjusted EBITDA(1) of $16.2 million, reflecting an adjusted EBITDA margin(1) of 34.3%....
>>> Read more: Piedmont Lithium Reports Third Quarter 2023 Results
Revenue of $47.1 million on sales of 29,011 dry metric tons (dmt) of lithium concentrate. Gross profit of $23.8 million, reflecting a gross profit margin of 50.4%. Net income of $22.9 million and adjusted net income(1) of $16.9 million. Diluted earnings per share of $1.19 and adjusted diluted earnings per share(1) of $0.88. Adjusted EBITDA(1) of $16.2 million, reflecting an adjusted EBITDA margin(1) of 34.3%....
>>> Read more: Piedmont Lithium Reports Third Quarter 2023 Results
