---
schema_version: "secwatch.filing_event.v1"
accession: "0001597672-23-000047"
form_type: "8-K"
ticker: "RYAM"
cik: "0001597672"
company_name: "RAYONIER ADVANCED MATERIALS INC."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T15:27:01.488107+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RYAM Q3 loss from continuing ops $27M; cuts 2023 EBITDA guidance to ~$150M, raises FCF to $65-75M

## Summary
- Q3 loss from continuing ops $27M ($0.41/sh) vs. prior-year income $18M ($0.28/sh).
- Net sales $369M, down 21% YoY; High Purity Cellulose down 21% to $292M.
- 2023 Adjusted EBITDA guidance ~$150M; FCF guidance raised to $65-75M.
- Exploring sale of Paperboard & High-Yield Pulp assets; secured $250M term loan to refinance 2024 notes.
- Year-to-date cash from ops $82M; debt $749M; net debt $743M.

## SEC filing metadata
- accession: 0001597672-23-000047
- form_type: 8-K
- ticker: RYAM
- cik: 0001597672
- company_name: RAYONIER ADVANCED MATERIALS INC.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1597672/000159767223000047/0001597672-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597672/000159767223000047/ryam-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001597672-23-000047
- JSON: https://secwatch.observer/filing/0001597672-23-000047.json
- Plain text: https://secwatch.observer/filing/0001597672-23-000047.txt

## Key facts
- Earnings Releases
  RAYONIER ADVANCED MATERIALS INC. reported the quarter ended September 30, 2023 results: net income net loss of $25 million, or $(0.39) per diluted share, EPS $(0.39) per diluted share. Guidance lowered.
  - Period: the quarter ended September 30, 2023
  - Net income: net loss of $25 million, or $(0.39) per diluted share
  - EPS: $(0.39) per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: On November 7, 2023, Rayonier Advanced Materials Inc. issued a press release announcing financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597672/000159767223000047/0001597672-23-000047-index.htm

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