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Stock impact report

Mercer International Inc. Reports Third Quarter 2024 Results and Announces Quarterly Cash Dividend of $0.075

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: GlobeNewswire
Selected Highlights Third quarter Operating EBITDA* increased by 35% to $50.5 million (net loss of $17.6 million) from $37.5 million (net loss of $26.0 million) in the same quarter of 2023Continued strength in softwood pulp marketsPulp volumes in the third quarter impacted by unplanned downtimeQuarterly cash dividend of $0.075 per share NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported third quarter 2024 Operating EBITDA of $50.5 million, an increase from $37.5 million in the same quarter of 2023 and $30.4 million in the prior quarter of 2024. In the third quarter of 2024, net loss was $17.6 million ($0.26 per share) compared to a net loss of $26.0 million ($0.39 per share) in the third quarter of 2023 and a net loss of $67.6 million ($1.01 per share) in the second quarter of 2024, which included a non-cash impairment of $34.3 million ($0.51 per share) against goodwill related to the Torgau facility. Mr. Juan Carlos Bueno, Chief Show less Read more
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