Rayonier(RYN) - 2024 Q1 - Quarterly Results

Exhibit 99.1 News Release RAYONIER REPORTS FIRST QUARTER 2024 RESULTS • First quarter net income attributable to Rayonier of $1.4 million ($0.01 per share) on revenues of $168.1 million • First quarter pro forma net income of $7.0 million ($0.05 per share) • First quarter operating income of $16.2 million and Adjusted EBITDA of $56.2 million • First quarter cash provided by operations of $52.3 million and cash available for distribution (CAD) of $36.8 million WILDLIGHT, FL — May 1, 2024 — Rayonier Inc. (NYS ...