Navios Maritime Partners (NMM) Misses Q2 EPS by 25c

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Go back to Navios Maritime Partners (NMM) Misses Q2 EPS by 25c

Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2016

August 11, 2016 7:40 AM EDT

Revenue: $44.9 million in Q2; $90.5 million for the six monthsAdjusted EBITDA: $28.9 million in Q2; $57.1 million for the six monthsCompletion of charter restructuring with HMM

MONACO, Aug. 11, 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 second quarter and six months ended June 30, 2016.

Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated, For the second quarter of 2016, we recorded $44.9 million of... More