{"schema_version":"secwatch.filing_event.v1","accession":"0001597672-23-000021","form_type":"8-K","ticker":"RYAM","cik":"0001597672","company_name":"RAYONIER ADVANCED MATERIALS INC.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.592676+00:00","generated_at":"2026-06-15T09:11:57.929922+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"RYAM Q1 net income $2M vs loss; raises FCF guidance to $40-65M","bullets":["Net sales $467M (+33% YoY); Adj EBITDA $51M (+155% YoY); net income $2M vs loss $25M.","Reaffirms 2023 Adj EBITDA guidance $200-215M; raises FCF guidance to $40-65M.","Net debt reduced to $683M; liquidity $276M; refinancing of June 2024 notes a top priority with Goldman Sachs.","High Purity Cellulose sales +33% to $374M; Paperboard +9% to $59M; High-Yield Pulp +91% to $42M.","Q2 Adj EBITDA expected low $40M due to planned outages; Tartas bioethanol project on track for early 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001597672-23-000021","json":"https://secwatch.observer/filing/0001597672-23-000021.json","markdown":"https://secwatch.observer/filing/0001597672-23-000021.md","text":"https://secwatch.observer/filing/0001597672-23-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597672/000159767223000021/0001597672-23-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597672/000159767223000021/ryam-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:11:57.929922+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"02bc733dde927822ccb86ba366363de3ef0787ea","claim":"RAYONIER ADVANCED MATERIALS INC. reported quarter ended April 1, 2023 results: revenue $467 million, net income $2 million, EPS $0.02 per diluted share. Guidance raised.","evidence_excerpt":"Net sales for the first quarter of $467 million, up $115 million, or 33 percent, from prior year quarter • Income from continuing operations for the first quarter of $2 million, up $26 million, or 108 percent, from prior year quarter • Adjusted EBITDA from continuing operations for the first quarter of $51 million, up $31 million, or 155 percent, from prior year quarter • Cash provided by operating activities of $51 million; total debt of $846 million • Adjusted Free Cash Flow generation of $36 million; Net Debt reduced to $683 million • Reaffirm 2023 Adjusted EBITDA guidance of $200 million to $215 million • Increase 2023 Adjusted Free Cash Flow guidance to $40 million to $65 million JACKSONVILLE, Fla., May 9, 2023 - Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported net income of $2 million, or $0.02 per diluted share, for the quarter ended April 1, 2023, compared to a net loss of $25 million, or $(0.39) per diluted share, for the prior year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597672/000159767223000021/0001597672-23-000021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended April 1, 2023"},{"label":"Revenue","value":"$467 million"},{"label":"Net income","value":"$2 million"},{"label":"EPS","value":"$0.02 per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}