Rayonier Advanced Materials: Q4 Earnings Snapshot

February 23, 2022 GMT

JACKSONVILLE, Fla. (AP) _ Rayonier Advanced Materials Inc. (RYAM) on Wednesday reported a loss of $24 million in its fourth quarter.

On a per-share basis, the Jacksonville, Florida-based company said it had a loss of 38 cents. Losses, adjusted for one-time gains and costs, came to 37 cents per share.

The maker of cellulose products posted revenue of $374 million in the period.

For the year, the company reported profit of $66 million, or $1.05 per share. Revenue was reported as $1.41 billion.

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