---
schema_version: "secwatch.filing_event.v1"
accession: "0001597672-23-000007"
form_type: "8-K"
ticker: "RYAM"
cik: "0001597672"
company_name: "RAYONIER ADVANCED MATERIALS INC."
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-18T23:40:23.637928+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RYAM Q4 net income $4M vs loss $24M; guides 2023 Adj. EBITDA $200-215M

## Summary
- Q4 net sales $500M (+34% YoY); income from cont. ops $4M vs loss $28M prior year.
- Full year 2022 Adj. EBITDA from cont. ops $177M, up 39% YoY.
- 2023 guidance: Adj. EBITDA $200-215M, Adj. Free Cash Flow $30-60M.
- Net debt/Adj. EBITDA expected to improve to 3.5x in Q1 2023 from 4.0x at end 2022.
- High Purity Cellulose segment sales +28% YoY; cellulose specialties prices +21%.

## SEC filing metadata
- accession: 0001597672-23-000007
- form_type: 8-K
- ticker: RYAM
- cik: 0001597672
- company_name: RAYONIER ADVANCED MATERIALS INC.
- filed_at: 2023-02-27T23:59:59+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/1597672/000159767223000007/0001597672-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597672/000159767223000007/ryam-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001597672-23-000007
- JSON: https://secwatch.observer/filing/0001597672-23-000007.json
- Plain text: https://secwatch.observer/filing/0001597672-23-000007.txt

## Key facts
- Earnings Releases
  RAYONIER ADVANCED MATERIALS INC. reported the quarter ended December 31, 2022 results: revenue $500 million, net income $4 million, EPS $0.05 per diluted share. Guidance initiated.
  - Period: the quarter ended December 31, 2022
  - Revenue: $500 million
  - Net income: $4 million
  - EPS: $0.05 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Net sales for the fourth quarter of $500 million, up $126 million, or 34 percent, from prior year quarter • Income from continuing operations for the fourth quarter of $4 million, up $32 million, or 114 percent, from prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597672/000159767223000007/0001597672-23-000007-index.htm

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