secwatch.observer — SEC 8-K summary
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Issuer:     RAYONIER ADVANCED MATERIALS INC. (RYAM)
CIK:        0001597672
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001597672-23-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597672/000159767223000007/0001597672-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597672/000159767223000007/ryam-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001597672-23-000007

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