Mercer Int'l (MERC) Tops Q1 EPS by 9c

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Mercer International Inc. Reports Strong 2019 First Quarter Results

May 2, 2019 4:32 PM EDT

Selected Highlights

Strong first quarter net income of $51.6 million ($0.78 per diluted share)Record quarterly Operating EBITDA* of $123.8 million

NEW YORK, May 02, 2019 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported first quarter 2019 Operating EBITDA increased to a record $123.8 million from $99.4 million in the first quarter of 2018 and $118.1 million in the fourth quarter of 2018.

For the first quarter of 2019, net income increased to $51.6 million, or $0.79 per basic share and $0.78 per diluted... More