Rayonier advanced materials announces preliminary second quarter results impacted by covid-19

Rayonier advanced materials announces preliminary second quarter results impacted by covid-19 with improved liquidity.preliminary q2 results which were impacted by covid-19 market-related conditions.expects earnings and adjusted ebitda for quarter to be slightly below prior year, driven by an approximately 12 percent decline in revenues.liquidity improved $19 million in quarter to $164 million, including $49 million of cash.
RYAM Ratings Summary
RYAM Quant Ranking