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Rayonier Advanced Materials Inc - RYAM STOCK NEWS

Welcome to our dedicated news page for Rayonier Advanced Materials (Ticker: RYAM), a resource for investors and traders seeking the latest updates and insights on Rayonier Advanced Materials.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rayonier Advanced Materials's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rayonier Advanced Materials's position in the market.

Rhea-AI Summary
Rayonier Advanced Materials (RYAM) has announced the schedule for its first quarter 2024 earnings release. The earnings will be released on May 7, 2024, with a conference call and webcast scheduled for May 8, 2024. Investors can access the live webcast and supplemental materials on RYAM's website. Replay options will be available for those unable to participate in the live event.
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Rayonier Advanced Materials Inc. (RYAM) successfully ships its first production of 2G bioethanol from the Tartas plant after two years of research and development. The company's President and CEO, De Lyle Bloomquist, expresses pride in this milestone and foresees a promising future for RYAM's biomaterials division. The Senior Vice President of Biomaterials, Christian Ribeyrolle, highlights the plant's role in reducing greenhouse gas emissions and combating climate change.
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Rayonier Advanced Materials Inc. (RYAM) announces participation in four equity conferences in March to engage with investors and stakeholders, showcasing strategic initiatives and performance.
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Rayonier Advanced Materials Inc. (RYAM) and Verso Energy partner to explore e-fuels, specifically e-Sustainable Aviation Fuel (eSAF), using Biogenic CO2 and Green Hydrogen. The companies aim to reduce greenhouse gases through Carbon Capture Utilization, with potential French government grants for the feasibility study.
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Rayonier Advanced Materials Inc. (NYSE:RYAM) reported 2023 net sales of $1,643 million, a decline of $74 million from the prior year. Loss from continuing operations was $102 million, including a $62 million non-cash impairment, down $75 million from the previous year. Adjusted EBITDA for 2023 was $139 million. Year-to-date cash provided by operating activities was $136 million, with total debt reduced by $76 million to $777 million. Adjusted Free Cash Flow generated $53 million year-to-date. 2024 Adjusted EBITDA guidance is $180 million to $200 million, expected to drive $20 million to $40 million of Adjusted Free Cash Flow.
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-21.2%
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Rayonier Advanced Materials (RYAM) to announce Q4 2023 earnings on February 27, 2024, with a conference call scheduled for February 28, 2024. Investors can access the live webcast and supplemental materials on www.RYAM.com.
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Rayonier Advanced Materials Inc. (NYSE: RYAM) has reached an agreement with lenders to obtain financial covenant relief, amending its Term Loan Credit Agreement to increase the maximum consolidated secured net leverage ratio, providing operational flexibility. The company will maintain a consolidated secured net leverage ratio of 5.25 to 1.00 for the fourth fiscal quarter of 2023 through the second fiscal quarter of 2024, with subsequent reductions. RYAM will pay certain fees to the lenders. Legal counsel was provided by Wachtell, Lipton, Rosen & Katz and Sullivan & Cromwell LLP.
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1.9%
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Rayonier Advanced Materials Inc. (NYSE: RYAM) announced that President and CEO De Lyle Bloomquist will speak at the Sidoti December Virtual Investor Conference on December 7, 2023, at 3:15 ET. Free registration is open to all at www.sidoti.com/events.
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Rayonier Advanced Materials Inc. (NYSE:RYAM) reported a net loss for the third quarter of $25 million, down from a net income of $30 million in the prior year quarter. The company updated its 2023 EBITDA to approximately $150 million and raised its Free Cash Flow guidance to $65-75 million, with potential deleveraging from the sale of passive assets.
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1.64%
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Rayonier Advanced Materials (NYSE:RYAM) will release its Q3 2023 earnings on November 7, 2023, and host a conference call on November 8, 2023, to discuss the results.
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2.15%
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Rayonier Advanced Materials Inc

NYSE:RYAM

RYAM Rankings

RYAM Stock Data

296.25M
56.56M
3.33%
69.53%
4.62%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
Link
US
Jacksonville

About RYAM

rayonier advanced materials is the leading global supplier of high-purity, cellulose specialties natural polymers for the chemical industry. working closely with its customers, the company engineers natural polymeric chemical chains to create dozens of customized high-purity performance fibers at its plants in florida and georgia. rayonier advanced materials’ intellectual property and manufacturing processes have been developed over 85 years, resulting in unique properties and very high quality and consistency. the company’s facilities have the capacity to produce approximately 485,000 tons of cellulose specialties for use in a wide range of industrial and consumer products such as filters, cosmetics and pharmaceuticals and approximately 245,000 tons of commodity products. rayonier advanced materials is consistently ranked among the nation’s top 50 exporters and delivers products to 79 ports around the world, serving customers in 20 countries across five continents. more information is