Mercer Int'l (MERC) Misses Q2 EPS by 5c

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Go back to Mercer Int'l (MERC) Misses Q2 EPS by 5c

Mercer International Inc. Reports Second Quarter and First Half 2020 Results and Announces Quarterly Cash Dividend of $0.065

July 30, 2020 4:15 PM EDT

Selected Highlights

Second quarter net loss of $8.4 millionQuarterly Operating EBITDA* of $40.5 millionCash on hand and available credit facilities provide liquidity of about $566.8 million at June 30, 2020

NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported second quarter 2020 Operating EBITDA decreased to $40.5 million from $70.0 million in the second quarter of 2019 and from $57.0 million in the first quarter of 2020.

In the second quarter of 2020, net... More