secwatch.observer — SEC 8-K summary
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Issuer:     RAYONIER ADVANCED MATERIALS INC. (RYAM)
CIK:        0001597672
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001597672-26-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RYAM Q1 net loss $81M ($1.22/sh), adjusted EBITDA $8M; strategic review underway
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597672/000159767226000013/0001597672-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597672/000159767226000013/ryam-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001597672-26-000013

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