Mercer International: 2Q Earnings Snapshot

July 30, 2020 GMT

VANCOUVER, British Columbia (AP) _ Mercer International Inc. (MERC) on Thursday reported a second-quarter loss of $8.4 million, after reporting a profit in the same period a year earlier.

The Vancouver, British Columbia-based company said it had a loss of 13 cents per share.

The pulp company posted revenue of $341.2 million in the period.

Mercer International shares have decreased 37% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.78, a decline of 41% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MERC at https://www.zacks.com/ap/MERC