Navios Maritime Holdings (NM) Reports Q1 Loss of $0.37/Share
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Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2017
May 24, 2017 7:42 AM EDTÂ $95.3 million Revenue for Q1 2017Â $28.6 million net cash from operating activities for Q1 2017Â $17.5 million Adjusted EBITDA for Q1 2017Â $138.2 million of cash as of March 31, 2017Â Positioned to capture market recovery
Industry leading operating efficiencies - Operating cost is estimated 40% lower than the average of listed peers for 2016 - 43% decrease in G&A over the last two years based on Q1 annualized run-rateSignificant upside to market recovery in the remaining nine months of 2017 - 66.9% of available days with market exposure - 11,684... More