---
schema_version: "secwatch.filing_event.v1"
accession: "0001597672-22-000053"
form_type: "8-K"
ticker: "RYAM"
cik: "0001597672"
company_name: "RAYONIER ADVANCED MATERIALS INC."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T18:27:41.882828+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RYAM Q3 swings to profit; Adj EBITDA $68M, up 106%; raises FY22 guidance to >$175M

## Summary
- Net sales $466M (+25% YoY); net income $30M ($0.45/diluted) vs net loss of $5M
- Adjusted EBITDA from continuing ops $68M, up 106% YoY; full-year guidance raised to exceed $175M
- High Purity Cellulose sales $369M (+28%) on 21% price increase and 7% volume increase; operating income $22M vs $2M prior year
- Net debt reduction of $59M YTD; net leverage ratio 5.1x; expects to reduce net debt to $725M by year-end
- Liquidity $283M; repaid CAD $12M term loan in Oct; monitoring debt markets for 2024 refinancing

## SEC filing metadata
- accession: 0001597672-22-000053
- form_type: 8-K
- ticker: RYAM
- cik: 0001597672
- company_name: RAYONIER ADVANCED MATERIALS INC.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597672/000159767222000053/0001597672-22-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597672/000159767222000053/ryam-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001597672-22-000053
- JSON: https://secwatch.observer/filing/0001597672-22-000053.json
- Plain text: https://secwatch.observer/filing/0001597672-22-000053.txt

## Key facts
- Earnings Releases
  RAYONIER ADVANCED MATERIALS INC. reported for the quarter ended September 24, 2022 results: revenue $466 million, net income $30 million, EPS $0.45 per diluted share. Guidance raised.
  - Period: for the quarter ended September 24, 2022
  - Revenue: $466 million
  - Net income: $30 million
  - EPS: $0.45 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: RYAM Announces Third Quarter 2022 Results Increases Adjusted EBITDA Guidance to Exceed $175 million • Net sales for the third quarter of $466 million, up 25 percent from prior year quarter • Income from continuing operations for the third quarter of $18 million • Adjusted EBITDA from continuing operations of $68 million, up 106 percent from prior year quarter • Higher prices across all segments partially offset by inflation on key input costs JACKSONVILLE, Fla., November 1, 2022 - Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported net income of $30 million, or $0.45 per diluted share, for the quarter ended September 24, 2022, compared to a net loss of $5 million, or $(0.07) per diluted share, for the same prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597672/000159767222000053/0001597672-22-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.