secwatch.observer — SEC 8-K summary
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Issuer:     Sylvamo Corp (SLVM)
CIK:        0001856485
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001856485-24-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sylvamo Q3 net income $95M, adjusted EBITDA $193M (20% margin), Q4 adj EBITDA guidance $150-165M
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- Net income of $95M ($2.27 diluted EPS); adjusted EPS $2.44 vs $1.98 prior quarter.
- Adjusted EBITDA $193M (20% margin) vs $164M (18%) in Q2; free cash flow $119M vs $62M.
- Q4 adjusted EBITDA guidance $150-165M; management cites capacity reductions and improving demand.
- Terminating supply agreement with International Paper's Georgetown mill effective Dec 31, 2024.
- Year-to-date share repurchases $30M; $120M remaining on $150M authorization; dividend $0.45 paid Oct 17.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856485/000185648524000028/0001856485-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856485/000185648524000028/syl-20241112.htm
  HTML page:      https://secwatch.observer/filing/0001856485-24-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer