{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-015939","form_type":"8-K","ticker":"MERC","cik":"0001333274","company_name":"MERCER INTERNATIONAL INC.","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.854462+00:00","generated_at":"2026-06-06T00:55:06.997065+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mercer International Q4 2023 net loss $87.2M; revenue down 19%; declares $0.075 dividend","bullets":["Q4 net loss of $87.2M ($1.31/share) vs net income of $20.0M in Q4'22; includes $33.7M non-cash impairment for sandalwood business held for sale.","Operating EBITDA fell to $21.1M from $96.1M YoY; revenue decreased 19% to $470.5M on lower pulp and energy realizations.","Full-year 2023 net loss $242.1M ($3.65/share) vs net income $247.0M in 2022; Operating EBITDA $17.5M vs $536.5M.","Board declared quarterly dividend of $0.075/share, payable April 4, 2024 to holders of record March 27, 2024.","Pulp pricing improved in Q4; mass timber order book ~$100M; liquidity $610M as of Dec 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-015939","json":"https://secwatch.observer/filing/0000950170-24-015939.json","markdown":"https://secwatch.observer/filing/0000950170-24-015939.md","text":"https://secwatch.observer/filing/0000950170-24-015939.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1333274/000095017024015939/0000950170-24-015939-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1333274/000095017024015939/merc-20240215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T00:55:06.997065+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1673132cd42bb9925b1ee86db86fb51c2c849cb9","claim":"MERCER INTERNATIONAL INC. reported full year 2023 results: net income net loss of $242.1 million, EPS $3.65 per share.","evidence_excerpt":"Full year 2023 Operating EBITDA of $17.5 million and net loss of $242.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1333274/000095017024015939/0000950170-24-015939-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Net income","value":"net loss of $242.1 million"},{"label":"EPS","value":"$3.65 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f4ef6e2c3c2b2a13a7f1500ca4e42d5f41b14ee2","claim":"MERCER INTERNATIONAL INC. reported fourth quarter ended December 31, 2023 results: revenue $470,494, net income net loss of $87.2 million, EPS $1.31 per share.","evidence_excerpt":"prices to be stable in the first half of 2024. Consolidated Financial Results Q4 Q3 Q4 YTD YTD 2023 2023 2022 2023 2022 (1) (in thousands, except per share amounts) Revenues $ 470,494 $ 470,821 $ 583,056 $ 1,993,844 $ 2,280,937 Operating income (loss) $ (56,395 ) $ (3,426 ) $ 47,263 $ (188,774 ) $ 392,368 Operating EBITDA $ 21,145 $ 37,527 $ 96,128 $ 17,462 $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1333274/000095017024015939/0000950170-24-015939-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$470,494"},{"label":"Net income","value":"net loss of $87.2 million"},{"label":"EPS","value":"$1.31 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}