Lithium market strength boosts AMG’s first-quarter revenue, though year-ago EBITDA levels limit margin gains.
AMG reported higher Q1 2026 revenue driven by a surge in lithium prices, offsetting weaker performance in other segments. The company’s lithium division benefited from tight supply and strong demand in electric vehicle markets.
EBITDA faced tough comparisons against Q1 2025, when margins peaked due to exceptional lithium pricing. Analysts had expected modest sequential growth, but prior-year strength muted gains.
Shares showed limited movement in pre-market trading as investors weighed the revenue beat against margin pressures.