Rayonier advanced materials inc. reports earnings results for the third quarter ended september 28, 2019

Rayonier advanced materials inc. announced earnings results for the third quarter ended september 28, 2019. for the third quarter, the company announced sales was usd 416 million compared to usd 501 million a year ago. operating loss was usd 8 million compared to operating income of usd 43 million a year ago. net loss was usd 14 million compared to net income of usd 38 million a year ago. basic loss per share from continuing operations was usd 0.29 compared to basic earnings per share from continuing operations of usd 0.52 a year ago. basic loss per share was usd 0.29 compared to basic earnings per share of usd 0.68 a year ago. diluted loss per share from continuing operations was usd 0.29 compared to diluted earnings per share from continuing operations of usd 0.47 a year ago. diluted loss per share was usd 0.29 compared to diluted earnings per share of usd 0.6 a year ago. for the nine months, sales was usd 1,307 million compared to usd 1,476 million a year ago. operating loss was usd 51 million compared to operating income of usd 131 million a year ago. net loss was usd 52 million compared to net income of usd 116 million a year ago. basic loss per share from continuing operations was usd 1.36 compared to basic earnings per share from continuing operations of usd 1.61 a year ago. basic loss per share was usd 1.16 compared to basic earnings per share of usd 2.07 a year ago. diluted loss per share from continuing operations was usd 1.36 compared to diluted earnings per share from continuing operations of usd 1.45 a year ago. diluted loss per share was usd 1.16 compared to diluted earnings per share of usd 1.82 a year ago.
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