RYAM Q2 2023 Earnings — Rayonier Advanced Materials Inc. Revenue & Financial Results | Market Cap Arena

RYAMRayonier Advanced Materials Inc.

$736M

Q2 2023 Earnings

Basic Materials Chemicals

Income Statement

Revenue

$385M-3.5% YoY

Gross Profit

$15M3.8% margin

Operating Income

-$6M-1.7% margin

Net Income

-$17M-4.3% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

-17.4%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

-$503,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.5B

Stockholders' Equity

$814M

Cash & Equivalents

$157M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$385M	$399M	-3.5%
Gross Profit	$15M	$27M	-45.2%
Operating Income	-$6M	-$3M	-122.9%
Net Income	-$17M	-$23M	+28.0%

Revenue Segments

High Purity Cellulose Segment

$299M76%

Paperboard Segment

$48M12%

High-yield Pulp Segment

$44M11%