JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Rayonier Advanced Materials Inc. (RYAM) on Wednesday reported a loss of $16 million in its fourth quarter.
On a per-share basis, the Jacksonville, Florida-based company said it had a loss of 25 cents. Losses, adjusted for one-time gains and costs, came to 10 cents per share.
The maker of cellulose products posted revenue of $422 million in the period.
For the year, the company reported a loss of $39 million, or 59 cents per share. Revenue was reported as $1.63 billion.
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