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Mercer International: Q2 Earnings Snapshot
July 29, 2021
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VANCOUVER, British Columbia (AP) Mercer International Inc. (MERC) on Thursday reported second-quarter net income of $21.4 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 32 cents.
The pulp company posted revenue of $401.8 million in the period.
Mercer International shares have climbed 16% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.91, a climb of 49% 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