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Mercer International posts 1Q profit

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