JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Rayonier Advanced Materials Inc. (RYAM) on Tuesday reported a loss of $61 million in its fourth quarter.

On a per-share basis, the Jacksonville, Florida-based company said it had a loss of 94 cents. Losses, adjusted for one-time gains and costs, came to 22 cents per share.

The maker of cellulose products posted revenue of $422 million in the period.

For the year, the company reported a loss of $102 million, or $1.57 per share. Revenue was reported as $1.64 billion.

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