WILDLIGHT, Florida — Rayonier reported first quarter net loss attributable to Rayonier of ($3.4) million on revenues of $82.9 million. This compares to net income attributable to Rayonier of $1.4 million on revenues of $113.7 million in the prior year quarter. Due to the Company’s previously announced agreement to sell entities that hold its entire 77% New Zealand joint venture interest, the contribution from the Company’s New Zealand operations are now reflected as discontinued operations on its consolidated financial statements. “We continued to advance key strategic initiatives during the first quarter, underscored by our announcement of an agreement to sell our New Zealand joint venture interest in March,” said Mark McHugh, President and CEO.