Rayonier reports first quarter 2023 results

Wildlight, fla.--(business wire)--rayonier inc. (nyse:ryn) today reported first quarter net income attributable to rayonier of $8.3 million, or $0.06 per share, on revenues of $179.1 million. this compares to net income attributable to rayonier of $29.3 million, or $0.20 per share, on revenues of $222.0 million in the prior year quarter. the first quarter results included a $9.1 million net recovery associated with a legal settlement and a $2.3 million loss from a timber write-off resulting fro.
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