Rayonier Advanced Materials (RYAM) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 371.43%. A quarter ago, it was expected that this maker of cellulose products would post a loss of $0.01 per share when it actually produced a loss of $0.02, delivering a surprise of -100%. Over ...

RYAM Announces Strong Second Quarter 2024 Results Increases 2024 EBITDA and Free Cash Flow Guidance • Net sales for the second quarter of $419 million, up $34 million from prior year quarter • Income from continuing operations for the second quarter of $8 million, up $24 million from prior year quarter • Adjusted EBITDA from continuing operations for the second quarter of $68 million, up $41 million from prior year quarter, including $10 million of CEWS benefits recognized • Total debt of $778 million; Net ...

The Zacks Paper and Related Products industry is set to benefit from increased packaging demand from rising e-commerce activities. Sustained demand from consumer-oriented sectors, such as food, beverages and healthcare, lends further support. The industry's growth is propelled by the escalating consumer inclination toward paper as an environmentally friendly packaging choice amid rising environmental awareness. Key players, such as Stora Enso Oyj (SEOAY) , Sylvamo (SLVM) and Rayonier Advanced Materials (RYA ...

Mickey Walsh - Treasurer and VP of IR De Lyle Bloomquist - President and CEO Marcus Moeltner - CFO and SVP, Finance Good morning, and welcome to the RYAM First Quarter 2024 Earnings Conference Call. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions with instructions to follow at that time. As a reminder, this conference is being recorded. Company Participants Daniel Harriman - Sidoti & Company Matthew McKellar - RBC ...

RYAM Announces Improved First Quarter 2024 Results Reaffirms 2024 EBITDA and Increases Free Cash Flow Guidance • Net sales for the first quarter of $388 million, down $79 million from prior year quarter • Net loss for the first quarter of $2 million, a decline of $4 million from prior year quarter • Adjusted EBITDA for the first quarter of $52 million, up $1 million from prior year quarter • Total debt of $779 million; Net Secured Debt of $721 million with a net secured debt ratio of 4.4 times • 2024 Adjust ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36285 RAYONIER ADVANCED MATERIALS INC. State of Incorporation: Delaware I.R.S. Employer Identification No.: 46-4559529 Principal Exec ...

De Lyle Bloomquist There are no further questions at this time. I would like to turn the conference back over to Mr. Bloomquist for closing remarks. De Lyle Bloomquist I look forward to providing further updates on all of our ongoing projects and initiatives. And we here at RYAM continue to value your support and look forward to delivering to you long-term success and growth of the business. We are committed to transparency in open communication. So if you have any questions or if you require further inform ...

RYAM Announces Fourth Quarter and Full Year 2023 Results and Provides Improved Outlook for 2024 JACKSONVILLE, Fla., February 27, 2024 - Rayonier Advanced Materials Inc. (NYSE:RYAM) (the "Company") today reported results for the fourth quarter and full year 2023. "Our EBITDA results for 2023 fell short of expectations reflecting soft demand for cellulose ethers products driven by weak construction activity, lower than expected demand in Paperboard and weak pricing in High-Yield Pulp and commodity pulp produc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36285 RAYONIER ADVANCED MATERIALS INC. Incorporated in the State of Delaware I.R.S. Employer Identification No.: 46-4559529 ...

Turning to slide seven, sales in the paperboard segment saw a decrease of $9 million resulting from a 5% reduction in sales volumes and an 8% decline in sales prices, reflecting weaker than expected market demand. EBITDA for the segment increased $2 million to $17 million driven by reduced purchase pulp cost, partially offset by the impact of lower sales prices and volumes. Turning to slide nine, on a consolidated basis, we had an operating loss for the quarter of $14 million. Sales price improvements in CS ...