Navios Maritime Partners (NMM) Misses Q1 EPS by 9c

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Go back to Navios Maritime Partners (NMM) Misses Q1 EPS by 9c

Navios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2016

May 12, 2016 7:49 AM EDT

Revenue: $45.6 million in Q1EBITDA: $28.1 million in Q1Operating Surplus: $18.3 million in Q1~$73.5 million strengthening of Term Loan B

MONACO, May 12, 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 first quarter ended March 31, 2016.

Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated, For the first quarter of 2016, we earned $28.1 million of EBITDA and positive net income. 

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