Rayonier Advanced Materials (RYAM) Misses Q3 EPS by 11c, Revenues Miss
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Rayonier Advanced Materials Reports Third Quarter 2019 Results
November 4, 2019 4:17 PM ESTFinancial improvement from prior quarter due to greater reliability and reduced costs Successfully negotiated covenant package in September 2019 to provide flexibility to navigate challenging markets Executing Cellulose Specialties Go-to-Market strategy to improve margins; Price increases announced on Cellulose Specialties products in October 2019 or as contracts allow Net proceeds of approximately $150 million received from the sale of Matane high-yield manufacturing facility in November 2019
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Rayonier Advanced Materials Inc. (the Company) (NYSE: RYAM) today reported a net loss from continuing operations for the... More
