Mercer Int'l (MERC) Misses Q4 EPS by 46c, Revenues Beat
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Mercer International Inc. Reports Fourth Quarter and Year End Results and Announces Quarterly Cash Dividend of $0.1375
February 13, 2020 4:30 PM ESTSelected Highlights
2019 Operating EBITDA of $210.4 million and net loss of $9.6 millionFourth quarter pulp segment annual maintenance downtime of 54 days significantly contributed to negative Operating EBITDA* of $34.2 million and a net loss of $72.7 millionNEW YORK, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported fourth quarter 2019 Operating EBITDA decreased to negative $34.2 million from positive $118.1 million in the fourth quarter of 2018 and from $50.8 million in the third quarter of 2019. In the fourth quarter of... More
