secwatch.observer — SEC 8-K summary
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Issuer:     MERCER INTERNATIONAL INC. (MERC)
CIK:        0001333274
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000950170-23-017941
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333274/000095017023017941/0000950170-23-017941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333274/000095017023017941/merc-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017941

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer