Mercer international inc. reports first quarter 2023 results and announces quarterly cash dividend of $0.075

Selected highlights first quarter operating ebitda* of $27.5 million and net loss of $30.6 million mass timber business continues to grow its cross-laminated timber order book quarterly cash dividend of $0.075 per share new york, may 04, 2023 (globe newswire) -- mercer international inc. (nasdaq: merc) today reported first quarter 2023 operating ebitda of $27.5 million, net of a $15.2 million non-cash inventory impairment charge, a decrease from $154.5 million in the first quarter of 2022 and $96.1 million in the fourth quarter of 2022. in the first quarter of 2023, net loss was $30.6 million (or $0.46 per share) compared to net income of $88.9 million (or $1.35 per basic share and $1.34 per diluted share) in the first quarter of 2022 and net income of $20.0 million (or $0.30 per share) in the fourth quarter of 2022.
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