SLVM - Sylvamo Non-GAAP EPS of $1.97 misses by $0.29 revenue of $927M misses by $43.99M initiates FY23 and Q1 outlook
- Sylvamo press release ( NYSE: SLVM ): Q4 Non-GAAP EPS of $1.97 misses by $0.29 .
- Revenue of $927M (+19.2% Y/Y) misses by $43.99M .
- Adjusted EBITDA of $170 million (18% margin)
- 2023 Outlook:
- Adjusted EBITDA for the year, including Nymolla, is expected to be $760 million to $840 million
- Free cash flow is expected to be $300 million to $330 million
- Q1 2023 Outlook:
- Adjusted EBITDA for the first quarter is expected to be $200 million to $215 million, which includes adjusted EBITDA for Nymolla of $15 million to $20 million
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Sylvamo Non-GAAP EPS of $1.97 misses by $0.29, revenue of $927M misses by $43.99M, initiates FY23 and Q1 outlook