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Rayonier Advanced Materials posts 1Q profit

JACKSONVILLE, Fla. (AP) _ Rayonier Advanced Materials Inc. (RYAM) on Monday reported first-quarter earnings of $10 million.

The Jacksonville, Florida-based company said it had profit of 15 cents per share.

The maker of cellulose products posted revenue of $201 million in the period.

Rayonier Advanced Materials shares have fallen 15 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.21, a rise of 29 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RYAM at https://www.zacks.com/ap/RYAM


Keywords: Rayonier Advanced Materials, Earnings Report