VANCOUVER, British Columbia (AP) _ Mercer International Inc. (MERC) on Thursday reported first-quarter earnings of $9.7 million.
The Vancouver, British Columbia-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring costs, were 31 cents per share.
The pulp company posted revenue of $242.8 million in the period.
Mercer International shares have increased 18 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.55, a rise of 30 percent 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
Keywords: Mercer International, Earnings Report