Mercer International Inc. (NASDAQ:MERC ) Q4 2024 Earnings Conference Call February 21, 2025 10:00 AM ET Company Participants Richard Short - Chief Financial Officer and Secretary Juan Carlos Bueno - President and Chief Executive Officer Conference Call Participants Sean Steuart - TD Cowen Matthew McKellar - RBC Capital Markets Hamir Patel - CIBC Capital Markets Sanford Burns - Stifel Nicolaus Cole Hathorn - Jefferies Operator Good morning, and welcome to Mercer International's Fourth Quarter 2024 Earnings Conference Call. On the call today is Juan Carlos Bueno, Mercer's President and Chief Executive Officer; and Richard Short, Mercer's Chief Financial Officer and Secretary.
Selected Highlights Fourth quarter Operating EBITDA* increased to $99.2 million (net income of $16.7 million) from $50.5 million (net loss of $17.6 million) in the third quarter of 2024 Full year 2024 Operating EBITDA increased to $243.7 million (net loss of $85.1 million) from $17.5 million (net loss of $242.1 million) in 2023 Refinanced our former 2026 Senior Notes, extending the maturity of our earliest senior notes to 2028, and decreased our long-term debt by over $100.0 million using cash on hand Quarterly cash dividend of $0.075 per share NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported fourth quarter 2024 Operating EBITDA of $99.2 million, an increase from $21.1 million in the same quarter of 2023 and $50.5 million in the third quarter of 2024. In the fourth quarter of 2024, net income was $16.7 million ($0.25 per share) compared to a net loss of $87.2 million (negative $1.31 per share) in the fourth quarter of 2023 and a net loss of $17.6 million (negative $0.26 per share) in the third quarter of 2024.
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2024 on Thursday, February 20, 2025, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 21, 2025, at 10:00 am ET to discuss the results.
NEW YORK, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial Officer & Secretary, will be presenting at the following upcoming conference:
Mercer International Inc. (MERC) is undervalued, trading near its 5-year low, with strong fundamentals and a solid cash position, making it a buy. MERC's market leadership in timber panels and pulp, coupled with recovering construction activity and ESG efforts, supports a 20% CAGR in timber sales until 2028. Insider buying at prices below $6 indicates confidence in MERC's future, projecting a potential 26.9% return on investment by 2025.
NEW YORK CITY, NY / ACCESSWIRE / November 26, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / November 16, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Mercer International NASDAQ: MERC is an enticing stock for small-cap investors. It pays a quarterly dividend worth 4.55% in annualized yield and trades at rock-bottom prices in late 2024.