Lithium Price Recovery Fails to Hide Industry Downturn: Albemarle (ALB.US) Posts Larger-than-Expected Q4 Loss and Shuts Down Key Australian Production Line
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
The financial report shows that Albemarle's Q4 revenue reached $1.43 billions, a year-on-year increase of 16.3%, exceeding expectations by $80 millions; net loss was $455.9 millions, equivalent to a loss of $3.87 per share; while net profit in the same period last year was $33.6 millions, equivalent to earnings of $0.29 per share.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$74,826.04
-3.84%
Ethereum
ETH
$2,058.01
-3.47%
Tether USDt
USDT
$0.9983
-0.08%
BNB
BNB
$651.35
-2.36%
XRP
XRP
$1.32
-2.64%
USDC
USDC
$0.9995
-0.03%
Solana
SOL
$83.37
-2.96%
TRON
TRX
$0.3703
-0.96%
Dogecoin
DOGE
$0.1009
-2.58%
Hyperliquid
HYPE
$59.84
-6.70%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now