Navios Maritime Partners (NMM) Tops Q4 EPS by 8c

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Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2016

February 14, 2017 8:10 AM EST

Revenue: $190.5 million for the year; $49.7 million in Q4Adjusted EBITDA: $123.5 million for the year; $33.6 million in Q4$177.8 million net debt reduction in 2016 and 2017 YTD $100.0 million debt repaid in January 2017$77.8 million net debt reduction in 2016 $100.0 million increase in collateral value to Term Loan B$151.1 million of liquidity from asset sales (2016-2017 YTD)

MONACO, Feb. 14, 2017 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (Navios Partners... More