secwatch.observer — SEC 8-K summary ====================================== Issuer: RAYONIER ADVANCED MATERIALS INC. (RYAM) CIK: 0001597672 Form: 8-K Filed at: 2026-08-04T20:21:03+00:00 Accession: 0001597672-26-000027 Event type: earnings Sentiment: neutral Materiality: 0.70 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 RYAM Q2 loss from continuing ops improves to $33M; sales up 11% to $376M; strategic review to conclude in Q4 -------------------------------------------------------------------------------- - Net sales $376M (+11% YoY, +18% QoQ); loss from continuing ops $33M vs $81M in Q1 and $366M in prior-year Q2 (which included $337M deferred tax write-off). - Adjusted EBITDA from continuing ops $40M, up 43% YoY and from $8M in Q1; Cellulose Specialties pricing +21% YoY. - Strategic review remains top priority; expects to conclude and communicate path forward in Q4 2026. - High Purity Cellulose segment operating income $29M (vs -$43M in Q1); Paperboard & High Yield Pulp operating loss $27M (includes $13M asset impairment). - Liquidity $145M; net secured leverage 4.2x; full-year trajectory on track with positive free cash flow expected in 2026. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1597672/000159767226000027/0001597672-26-000027-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1597672/000159767226000027/ryam-20260804.htm HTML page: https://secwatch.observer/filing/0001597672-26-000027 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer