Navios Maritime Acquisition (NNA) Reports In-Line Q1 EPS

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Navios Maritime Acquisition Corporation Reports Financial Results for the First Quarter Ended March 31, 2017

May 16, 2017 6:22 AM EDT

Net income: $5.6 million for Q1 2017; $0.04 per shareEBITDA: $37.4 million for Q1 2017Quarterly dividend of $0.05 per share consistently paid since 2010

MONACO, May 16, 2017 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE: NNA), an owner and operator of tanker vessels, reported its financial results today for the first quarter ended March 31, 2017.

Angeliki Frangou, Chairman and Chief Executive Officer of Navios Acquisition stated, For the first quarter of 2017, Navios Acquisition reported EBITDA of $37.4 million and Net income of $5.6 million. We also declared a... More