Navios Maritime Holdings (NM) Tops Q1 EPS by 26c

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Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2016

May 25, 2016 7:54 AM EDT

$101.5 million Revenue for Q1 2016 $28.9 million cash from operations for Q1 2016$45.4 million EBITDA for Q1 2016$156.6 million of cash Positioned to weather difficult market Solid Q1 performance in historically low BDIManaging liquidity- $45.0 million of cost savings initiativesOperating efficiencies and low cost structure

MONACO, May 25, 2016 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings" or "the Company") (NYSE: NM), a global, vertically integrated seaborne shipping and... More