Mercer International (MERC) Reports Q1 EPS of 21c, Revenue Misses

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Go back to Mercer International (MERC) Reports Q1 EPS of 21c, Revenue Misses

Mercer International Inc. Reports 2015 First Quarter Results

April 30, 2015 4:31 PM EDT

NEW YORK, April 30, 2015 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (TSX:MRI.U) today reported results for the first quarter ended March 31, 2015. Operating EBITDA* in the first quarter of 2015, which included 14 days of annual maintenance downtime, was $61.3 million, compared to $59.0 million in the first quarter of 2014, which had no annual maintenance downtime, and $71.3 million in the fourth quarter of 2014, which had two days of annual maintenance downtime.

For the first quarter of 2015, we had net income of $13.6 million, or $0.21 per basic and diluted share, which included a non-cash loss of $6.6 million, or... More