Sylvamo Q2 net income rises to $83 million, or $1.98 per diluted share
Sylvamo reported second quarter 2024 net income of $83 million, or $1.98 per diluted share, up from $43 million, or $1.02, in the first quarter and from $49 million a year earlier. Adjusted EBITDA rose to $164 million from $118 million, and the company gave a third quarter adjusted EBITDA outlook of $170 million to $185 million, which gives shareholders a view of expected near-term earnings.
Key points
- Net sales of $933 million, up from $905 million in the first quarter and $919 million in the second quarter of 2023
- Free cash flow of $62 million, compared with negative $33 million in the first quarter
- Third quarter 2024 adjusted EBITDA outlook of $170 million to $185 million
- Net special items were $0 million in the second quarter, compared with a $2 million after-tax charge in the first quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 09, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.