Brief: Ryam Announces First Quarter 2023 Results

Rayonier Advanced Materials

09/05/2023 22:32

May 9 (Reuters) - Rayonier Advanced Materials Inc
 RYAM.N :
    * RYAM ANNOUNCES FIRST QUARTER 2023 RESULTS
    * REAFFIRMS 2023 EBITDA AND RAISES FREE CASH FLOW GUIDANCE
    * REAFFIRM 2023 ADJUSTED EBITDA GUIDANCE OF $200 MILLION TO
$215
MILLION
    * INCREASE 2023 ADJUSTED FREE CASH FLOW GUIDANCE TO $40
MILLION TO
$65 MILLION
    * FOR Q2, ADJUSTED EBITDA IS EXPECTED TO BE IN LOW $40
MILLION
RANGE
    * Q1 EARNINGS PER SHARE VIEW $0.07 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw6bzcZpa 
Further company coverage:  RYAM.N 

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