RYAM Q1 2024 Earnings — Rayonier Advanced Materials Inc. Revenue & Financial Results | Market Cap Arena

RYAMRayonier Advanced Materials Inc.

$736M

Q1 2024 Earnings

Basic Materials Chemicals

Income Statement

Revenue

$388M-16.9% YoY

Gross Profit

$37M9.5% margin

Operating Income

$17M4.4% margin

Net Income

-$2M-0.4% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-8.2%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

-$21M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.4B

Stockholders' Equity

$742M

Cash & Equivalents

$55M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$388M	$467M	-16.9%
Gross Profit	$37M	$37M	-1.8%
Operating Income	$17M	$17M	+2.9%
Net Income	-$2M	$2M	-197.7%

Revenue Segments

High Purity Cellulose Segment

$307M78%

Paperboard Segment

$53M13%

High-yield Pulp Segment

$34M9%