---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017941"
form_type: "8-K"
ticker: "MERC"
cik: "0001333274"
company_name: "MERCER INTERNATIONAL INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:13:15.173758+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mercer Q1 2023 net loss $30.6M vs net income $88.9M a year ago; EBITDA $27.5M

## Summary
- Q1 2023 net loss of $30.6M ($0.46 per share) vs net income of $88.9M ($1.35) in Q1 2022.
- Operating EBITDA fell to $27.5M from $154.5M, including $15.2M non-cash inventory impairment.
- Revenue declined 12% to $522.7M; pulp segment operating income dropped to $12.8M (from $86.2M).
- Solid wood segment swung to operating loss of $27.1M (vs income $38.3M) on lower lumber realizations.
- Board declared a $0.075 quarterly cash dividend, payable July 6, 2023 to holders of record June 28, 2023.

## SEC filing metadata
- accession: 0000950170-23-017941
- form_type: 8-K
- ticker: MERC
- cik: 0001333274
- company_name: MERCER INTERNATIONAL INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333274/000095017023017941/0000950170-23-017941-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333274/000095017023017941/merc-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017941
- JSON: https://secwatch.observer/filing/0000950170-23-017941.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017941.txt

## Key facts
- Earnings Releases
  MERCER INTERNATIONAL INC. reported first quarter ended March 31, 2023 results: revenue $522,666, net income $(30,578), EPS $(0.46) per share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $522,666
  - Net income: $(30,578)
  - EPS: $(0.46) per share
  - Result: reported results
  source text: Revenues $ 522,666 $ 583,056 $ 592,741 Operating income (loss) $ (20,121 ) $ 47,263 $ 122,351 Operating EBITDA $ 27,470 $ 96,128 $ 154,467 Net income (loss) $ (30,578 ) $ 20,024 $ 88,897 Net income (loss) per common share Basic $ (0.46 ) $ 0.30 $ 1.35 Diluted $ (0.46 ) $ 0.30 $ 1.34
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333274/000095017023017941/0000950170-23-017941-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.