Rayonier Advanced Materials Inc. reported earnings results for the first quarter ended March 30, 2024. For the first quarter, the company reported sales was USD 388 million compared to USD 467 million a year ago. Net loss was USD 2 million compared to net income of USD 2 million a year ago.

Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.