RYAM - Rayonier Advanced Non-GAAP EPS of $0.04 misses by $0.08 revenue of $500M beats by $63.64M

• Rayonier Advanced press release ( NYSE: RYAM ): Q4 Non-GAAP EPS of $0.04 misses by $0.08 .
• Revenue of $500M (+33.7% Y/Y) beats by $63.64M .
• Income from continuing operations for the fourth quarter of $4 million, up $32 million, or 114 percent, from prior year quarter. Loss from continuing operations for the full year 2022 of $27 million, an improvement of $23 million, or 46 percent, compared to prior year loss.
• Adjusted EBITDA from continuing operations for the fourth quarter of $55 million, up $28 million, or 104 percent, from prior year quarter. Adjusted EBITDA from continuing operations for the full year 2022 of $177 million, up $50 million, or 39 percent, from prior year.
• 2023 Adjusted EBITDA guidance of $200 million to $215 million expected to drive $30 million to $60 million of Adjusted Free Cash Flow.

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