Rayonier Advanced Materials(RYAM) - 2024 Q1 - Quarterly Results
Rayonier Advanced Materials(RYAM)2024-05-08 04:38
RYAM Announces Improved First Quarter 2024 Results Reaffirms 2024 EBITDA and Increases Free Cash Flow Guidance • Net sales for the first quarter of $388 million, down $79 million from prior year quarter • Net loss for the first quarter of $2 million, a decline of $4 million from prior year quarter • Adjusted EBITDA for the first quarter of $52 million, up $1 million from prior year quarter • Total debt of $779 million; Net Secured Debt of $721 million with a net secured debt ratio of 4.4 times • 2024 Adjust ...