secwatch.observer — SEC 8-K summary
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Issuer:     RAYONIER ADVANCED MATERIALS INC. (RYAM)
CIK:        0001597672
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001597672-22-000039
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RYAM Q2 net loss $25M, revenue $399M (+17% YoY); FY Adj EBITDA guidance >$160M
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- Net loss from continuing ops $25M (-$0.39/diluted) vs income of $8M a year ago; total net loss $23M (-$0.36/diluted).
- Revenue $399M, up 17% YoY, driven by higher prices across all segments; Adjusted EBITDA $34M comparable to prior year.
- Full year Adjusted EBITDA guidance raised to exceed $160M; net debt target reduced to $725M by year-end.
- High Purity Cellulose sales +18% to $302M; operating income $7M vs $11M prior year on higher input costs.
- Liquidity $274M at quarter end including $148M cash; expects $21M US federal tax refund in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597672/000159767222000039/0001597672-22-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597672/000159767222000039/ryam-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001597672-22-000039

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