Q2 2020 Earnings Release 206.6 KB. Third, we are focused on maximizing cash flow in liquidity. Thank you. That detail. I guess, just last one. Steve, we've been monitoring, right the preliminary determination, it was supposed to be confirmed into September, October. That's really shipping delays. Zacks 420d. Market data powered by FactSet and Web Financial Group. All right, that's all I had. Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a loss from continuing operations for the quarter ended June 27, 2020 of $13 million or $0.20 per diluted share, compared to a loss of $19 million or $0.46 per diluted share for the same prior year quarter. So La Sarre and Chapleau are on three shifts in that 755, Paul. Based on our LTM covenant EBITDA of a $122 million, our gross secured leverage ratio finished at 4.8 times compared to a covenant requirement of not more than 6.2 times. Rayonier Advanced Materials' (RYAM) CEO Paul Boynton on Q2 2020 Results - Earnings Call Transcript Aug. 5, 2020 at 3:33 p.m. Turning to our Pulp and Newsprint segment on Slide 9. [Operator Instructions] Our next question comes from the line of Roger Spitz with Bank of America. Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its third quarter 2020 earnings on Tuesday, November 3, 2020 after the market … Stock Advisor launched in February of 2002. Yeah. Mickey Walsh – Treasurer and Vice President of Investor Relations It's just too early to tell how long some of these assets will be down and the inventory work-throughs and the recovery from the demand side, how that will impact more broadly. View the latest Rayonier Advanced Materials Inc. (RYAM) stock price, news, historical charts, analyst ratings and financial information from WSJ. Reiterates 2015 pro forma EBITDA guidance of $210 to $225 million Substantial progress on 2015 net debt and cost-reduction initiatives ... | October 19, 2020 We've continued to see volume come in even at the commodity-level, where a lot of the volume, particularly in the viscose area has actually evaporated, disappeared. Okay. Frank? In return, we increased the LIBOR floor on our borrowings to 1% from 0%. We've clearly seen a benefit to having capacity to run into other new product opportunities as well as just run the Viscose pulp on a more stable basis over that time. I'll start and I'll let Frank continue. I mean, does that show up in the $4 million to $6 million cost benefit, because I thought that was mainly just wood and energy, etc. You saw our capex level for Cabot One was slightly lower than usual. It operates through the following segments: High Purity Cellulose, Forest Products, Paperboard, Pulp and Newsprint, and Corporate. The accelerated volume decline was driven by reduced demand for automotive, industrial and construction ethers grades, plus an additional 2% due to logistic issues, both of which are COVID related. Remember, that most of its facilities that tend to close or take downtime, it happens after inventory has been built or they keep some key supply lines that supply important customers relatively whole. Rayonier Advanced Materials, Inc. (NYSE:RYAM)Q2 2018 Earnings CallAugust 03, 2018 10:00 am ETExecutivesMickey Walsh - Rayonier Advanced Materials, Inc.Paul G. ET on Wednesday, November 4, 2020 to discuss these results. How is that performing? Click here for webcast. I think that's the one area we're a bit behind on and that's largely related to COVID, moving inventories around, but I think it's proven in the back half of the year, is there, and we're going to continue the target that. So, I think that will help us going forward. There is, there are some products of cellulose going into that. As a result, prices for lumber were up considerably in July compared to the second quarter. I think it supports our overall cellulose specialties business when our customers see the stability of our assets. I'll touch on the commercial side, I'll let Marcus has touch on the cost side, Steve. These products have been significantly impacted by current market conditions and are trading roughly at $135 to $250 per ton below the five year historical average prices. So that's been helpful. So Steve, if you look at our disclosures we quote a rated capacity of 755 million feet for our lumber mills. August 11, 2019, 10:14 PM. EBITDA for the segment was $31 million, down $3 million from a year ago. If there is some positive news out there and there is, is that there some of the capacity in the Ligno has come out of the market, particularly I'm referencing a South African asset that is not running now. Yeah, let me ask Marcus to give you a little flavor on that. So that is, that is clearly cash, that's a cash refund for the company. Can you handicap the potential over recovery? We also agreed to limit the amount of cash that we hold on our balance sheet and the amount of standby letters of credit that we can issue. Mickey Walsh -- Treasurer and Vice President of Investor Relations. But as you know, the newsprint market has been severely hit. So, one of your peers ultimately took pretty significant downtime or I guess that's curtailed production, one of the mill. Rayonier Advanced Materials Inc Q2 2020 Earnings Call Aug 5, 2020, 9:00 a.m. Yeah. Get prepared with the key expectations. And so that volume, I assume that's, kind of, that 2% in HPC, that was from logistics issues and on that, I mean, will you get that volume back or is that volume that's, I guess, lost for now? The report will be for the fiscal Quarter ending Sep 2020. Yeah. ... June 2014 Rayonier Advanced Materials Investor Presentation . And, however, I think we've been very fortunate with the quality of our products and strength of our customer relations. So Steve, look, we're -- I think your numbers are in the right ballpark, right. It will be more in normal volumes, what we've seen in the past years. Rayonier Advanced Materials (RYAM) delivered earnings and revenue surprises of -94.44% and -0.93%, respectively, for the quarter ended June 2019. So yeah, so up 50% in the second quarter of this quarter as well. Minimum 15 minutes delayed. Earnings Preview: Rayonier Advanced Materials (RYAM) Q2 Earnings Expected to Decline 2019-07-25 zacks.com - 1 - Wall Street expects a year-over-year decline in earnings on lower revenues when Rayonier Advanced Materials (RYAM - Free Report) reports results for the quarter ended June 2019. But -- so we're running it as flexible as we can to optimize our cash. 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