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Stock impact report

Mercer International Inc. Reports First Quarter 2024 Results and Announces Quarterly Cash Dividend Of $0.075 [Financial Post (Toronto, Ontario, Canada)]

Mercer International Inc. (MERC) 
Last mercer international inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: mercerint.com/investors
Company Research Source: Financial Post
First quarter Operating EBITDA* of $63.6 million and net loss of $16.7 million Article content Improving pulp markets and lower costs driving stronger EBITDA Quarterly cash dividend of $0.075 per share NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today reported first quarter 2024 Operating EBITDA of $63.6 million, an increase from $27.5 million in the same quarter of 2023 and $21.1 million in the fourth quarter of 2023. In the first quarter of 2024, net loss was $16.7 million (or $0.25 per share), which included a non-cash loss on disposal of $23.6 million (or $0.35 per share) relating to the dissolution of the Cariboo Pulp and Paper (“CPP”) joint venture, compared to a net loss of $30.6 million (or $0.46 per share) in the first quarter of 2023 and a net loss of $87.2 million (or $1.31 per share) in the fourth quarter of 2023, which included a non-cash impairment charge of $33.7 million (or $0.51 per share) relating to the classificatio Show less Read more
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