RYAM Ups Full-Year EBITDA and Cash Flow Guidance

Earnings Call Insights

Rayonier Advanced Materials Inc. (RYAM) has announced a significant boost in their financial outlook for 2024, following a strong second quarter performance. In their recent earnings call, the company reported a remarkable 152% increase in Adjusted EBITDA, which is a measure of a company's overall financial performance. This surge was attributed to improvements across several segments of the company, particularly in high-purity cellulose and paperboard.