JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Rayonier Advanced Materials Inc. (RYAM) on Tuesday reported a loss of $21 million in its fourth quarter.

On a per-share basis, the Jacksonville, Florida-based company said it had a loss of 32 cents. Losses, adjusted for non-recurring costs, came to 28 cents per share.

The maker of cellulose products posted revenue of $417 million in the period.

For the year, the company reported a loss of $420 million, or $6.33 per share. Revenue was reported as $1.47 billion.

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