earnings
confidence high
sentiment negative
materiality 0.80
RYAM Q1 net loss $81M ($1.22/sh), adjusted EBITDA $8M; strategic review underway
RAYONIER ADVANCED MATERIALS INC.
2026-Q1 EPS reported
-$1.22
revenue$319,065,000
- Net sales $319M, down 10% YoY from $353M; net loss $81M vs loss $32M prior year, including $41M non-cash idling charge.
- Adjusted EBITDA $8M, down from $17M; adjusted free cash flow positive $12M; covenant net secured leverage 4.3x.
- Permanent cessation of dissolving wood pulp production at Temiscaming plant drove $41M charge; Jesup fire impact under $5M.
- Company conducting strategic review of alternatives including unsolicited indications of interest; expects FY EBITDA above 2025 and positive FCF.