secwatch.observer — SEC 8-K summary
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Issuer:     RAYONIER ADVANCED MATERIALS INC. (RYAM)
CIK:        0001597672
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001193125-23-008966
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RYAM prelim Q4 revenue $488-508M, adj EBITDA $52-56M; full-year loss $28-32M
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- Q4 2022 revenue estimated $488-508M; income (loss) from continuing ops ($1M) to $3M.
- Full-year 2022 revenue $1,705-1,725M; loss from continuing ops $28-32M; adj EBITDA $174-178M.
- Adjusted net debt $707M; long-term debt $839M plus $14M short-term/current portion.
- 2023 cellulose specialties price negotiations resulted in higher contracted prices vs 2022.
- CEO cites consistent results in line with run-rate expectations and reducing total debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597672/000119312523008966/0001193125-23-008966-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597672/000119312523008966/d427805d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-008966

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer