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Mercer International: 3Q Earnings Snapshot

·1 min read

VANCOUVER, British Columbia (AP) _ Mercer International Inc. (MERC) on Thursday reported third-quarter profit of $7.5 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 11 cents.

The pulp company posted revenue of $333.2 million in the period.

Mercer International shares have dropped 49% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.23, a fall of 49% in the last 12 months.

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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