Rayonier reports second quarter 2023 results

Wildlight, fla.--(business wire)--rayonier inc. (nyse:ryn) today reported second quarter net income attributable to rayonier of $19.0 million, or $0.13 per share, on revenues of $208.9 million. this compares to net income attributable to rayonier of $24.1 million, or $0.16 per share, on revenues of $246.3 million in the prior year quarter. the second quarter results included an $11.4 million net recovery associated with a legal settlement. excluding this item and adjusting for pro forma net inc.
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