{"schema_version":"secwatch.filing_event.v1","accession":"0001597672-24-000004","form_type":"8-K","ticker":"RYAM","cik":"0001597672","company_name":"RAYONIER ADVANCED MATERIALS INC.","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.756965+00:00","generated_at":"2026-06-05T11:54:28.817500+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"RYAM reports 2023 loss of $102M; guides 2024 Adjusted EBITDA $180-200M","bullets":["Net sales $1,643M (-$74M YoY); loss from continuing ops $102M (incl. $62M non-cash impairment) vs. loss $27M prior year.","Adjusted EBITDA $139M; adjusted FCF $53M; total debt reduced $76M to $777M; net secured debt ratio 4.2x.","2024 guidance: Adjusted EBITDA $180-200M, FCF $20-40M; bioethanol facility commissioning in Q1 2024.","High Purity Cellulose: specialties prices up 8% Q4 YoY but volumes down 11%; commodity volumes up 7%.","Amended 2027 Term Loan to raise max secured net leverage ratio through FY2024; incurred $3M fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001597672-24-000004","json":"https://secwatch.observer/filing/0001597672-24-000004.json","markdown":"https://secwatch.observer/filing/0001597672-24-000004.md","text":"https://secwatch.observer/filing/0001597672-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597672/000159767224000004/0001597672-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597672/000159767224000004/ryam-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T11:54:28.817500+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":"17e6c3e86502066a5f9af960042859efc14acbcb","claim":"RAYONIER ADVANCED MATERIALS INC. reported year ended December 31, 2023 results: revenue $1,643 million, net income $102 million, EPS $(1.57) per diluted share.","evidence_excerpt":"language in such filing. --- EX-99.1 (EX-99.1) --- RYAM Announces Fourth Quarter and Full Year 2023 Results and Provides Improved Outlook for 2024 • Net sales for 2023 of $1,643 million, down $74 million from the prior year • Loss from continuing operations for 2023 of $102 million inclusive of a $62 million non-cash impairment, down $75 million from the prior","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597672/000159767224000004/0001597672-24-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2023"},{"label":"Revenue","value":"$1,643 million"},{"label":"Net income","value":"$102 million"},{"label":"EPS","value":"$(1.57) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"402a437a5d432fa22427be07259198a45b413160","claim":"RAYONIER ADVANCED MATERIALS INC. updated its 2024 guidance (initiated).","evidence_excerpt":"2024 Adjusted EBITDA guidance of $180 million to $200 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597672/000159767224000004/0001597672-24-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2024"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}