---
schema_version: "secwatch.filing_event.v1"
accession: "0001597672-24-000012"
form_type: "8-K"
ticker: "RYAM"
cik: "0001597672"
company_name: "RAYONIER ADVANCED MATERIALS INC."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T18:32:39.890984+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RYAM Reports Q1 Net Loss $2M, Adj EBITDA $52M; Raises 2024 FCF Guidance

## Summary
- Net loss $2M ($0.02/diluted share) vs net income $2M in prior year; revenue $388M, down $79M YoY.
- Adjusted EBITDA $52M, up $1M YoY; 2024 Adj EBITDA guidance reaffirmed at $180-$200M.
- Suspended operations at Temiscaming High Purity Cellulose plant; expects one-time charges ~$30M, increases FCF by $15-20M.
- Sold softwood lumber duty refund rights for $39M; 2024 Adj FCF guidance raised to $80-$100M.
- Bioethanol facility in Tartas operational, targeting $3-4M EBITDA in 2024.

## SEC filing metadata
- accession: 0001597672-24-000012
- form_type: 8-K
- ticker: RYAM
- cik: 0001597672
- company_name: RAYONIER ADVANCED MATERIALS INC.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1597672/000159767224000012/0001597672-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597672/000159767224000012/ryam-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001597672-24-000012
- JSON: https://secwatch.observer/filing/0001597672-24-000012.json
- Plain text: https://secwatch.observer/filing/0001597672-24-000012.txt

## Key facts
- Earnings Releases
  RAYONIER ADVANCED MATERIALS INC. reported first quarter ended March 30, 2024 results: revenue $388 million, net income net loss of $2 million, EPS $(0.02) per diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 30, 2024
  - Revenue: $388 million
  - Net income: net loss of $2 million
  - EPS: $(0.02) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: --- EX-99.1 (EX-99.1) --- RYAM Announces Improved First Quarter 2024 Results Reaffirms 2024 EBITDA and Increases Free Cash Flow Guidance • Net sales for the first quarter of $388 million, down $79 million from prior year quarter • Net loss for the first quarter of $2 million, a decline of $4 million from prior year quarter • Adjusted EBITDA for the first quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597672/000159767224000012/0001597672-24-000012-index.htm

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