Rayonier Advanced Materials (RYAM) Misses Q2 EPS by 23c

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RYAM Announces Second Quarter 2022 Results

August 3, 2022 4:30 PM EDT

Updating Full Year Adjusted EBITDA Guidance to Exceed $160 million

Revenues for the second quarter of $399 million, up 17 percent from prior year quarter Net loss from continuing operations for the second quarter of $25 million Adjusted EBITDA from continuing operations was $34 million, comparable to the same quarter in 2021 Higher prices across all segments were partially offset by inflation on key input costs

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Rayonier Advanced Materials Inc. (NYSE:... More