Mercer International Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 529.86 million compared to USD 572.33 million a year ago. Net loss was USD 98.31 million compared to net income of USD 71.37 million a year ago. Basic loss per share from continuing operations was USD 1.48 compared to basic earnings per share from continuing operations of USD 1.08 a year ago. Diluted loss per share from continuing operations was USD 1.48 compared to diluted earnings per share from continuing operations of USD 1.07 a year ago.
For the six months, sales was USD 1,052.53 million compared to USD 1,165.07 million a year ago. Net loss was USD 128.88 million compared to net income of USD 160.27 million a year ago. Basic loss per share from continuing operations was USD 1.94 compared to basic earnings per share from continuing operations of USD 2.43 a year ago. Diluted loss per share from continuing operations was USD 1.94 compared to diluted earnings per share from continuing operations of USD 2.41 a year ago.