Navios Maritime Partners (NMM) Misses Q4 EPS by 6c, Suspends Distrubutions

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Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2015

February 3, 2016 7:48 AM EST

Net Income: $41.8 million for 2015; $7.8 million in Q4Earnings per Common Unit: $0.48 for 2015; $0.09 in Q4Strong Credit Profile Rated BB from S&P, Ba3 from MoodysNet Debt/Book Capitalization: 42.4%EBITDA/Interest: 5.5x EBITDA: $153.3 million for 2015; $35.7 million in Q4Operating Surplus: $112.7 million for 2015; $25.2 million in Q4

MONACO, Feb. 03, 2016 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (Navios Partners or the Company) (NYSE: NMM), an international owner and operator of container and dry bulk vessels, today reported its financial results for the fourth quarter and... More