{"schema_version":"secwatch.filing_event.v1","accession":"0001597672-23-000039","form_type":"8-K","ticker":"RYAM","cik":"0001597672","company_name":"RAYONIER ADVANCED MATERIALS INC.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.491524+00:00","generated_at":"2026-06-12T02:01:17.909591+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"RYAM Q2 loss narrows to $16M; lowers EBITDA guidance, raises FCF outlook","bullets":["Net loss from continuing ops $16M ($0.24/share) vs $25M loss a year ago; adjusted EBITDA $27M, down 21% YoY.","Revenue $385M (-3.5% YoY) with High Purity Cellulose flat, Paperboard down 24%, High-Yield Pulp up 10%.","Cellulose specialties prices +13% but volumes -27% due to destocking; commodity prices -4% but volumes +72%.","Lowers 2023 adjusted EBITDA guidance to $185-200M; raises adjusted free cash flow guidance to $55-70M.","Post-quarter: secured $250M term loan, redeemed $318M of 2024 notes, reducing gross debt by $68M."],"urls":{"canonical":"https://secwatch.observer/filing/0001597672-23-000039","json":"https://secwatch.observer/filing/0001597672-23-000039.json","markdown":"https://secwatch.observer/filing/0001597672-23-000039.md","text":"https://secwatch.observer/filing/0001597672-23-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597672/000159767223000039/0001597672-23-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597672/000159767223000039/ryam-20230808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T02:01:17.909591+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":"54c5a5a5342ff70fd02ff4ed2ab86eb8bc00c039","claim":"RAYONIER ADVANCED MATERIALS INC. reported the quarter ended July 1, 2023 results: revenue $385, net income net loss of $17 million, EPS $(0.26) per diluted share.","evidence_excerpt":"2023 June 25, 2022 High Purity Cellulose $ 300 $ 374 $ 302 $ 674 $ 583 Paperboard 48 59 63 107 117 High-Yield Pulp 44 42 40 86 62 Eliminations (7) (8) (6) (15) (11) Net sales $ 385 $ 467 $ 399 $ 852 $ 751 Operating results were comprised of the following for the periods presented: Three Months Ended Six Months Ended (in millions) July 1, 2023 April 1, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597672/000159767223000039/0001597672-23-000039-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended July 1, 2023"},{"label":"Revenue","value":"$385"},{"label":"Net income","value":"net loss of $17 million"},{"label":"EPS","value":"$(0.26) per diluted share"},{"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"}