Navios Maritime Holdings (NM) Reports Q2 Loss of $0.26/Share

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Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2017

August 22, 2017 7:31 AM EDT

$214.0 million revenue for H1 2017, $118.6 million for Q2 2017

$49.1 million net cash from operating activities for H1 2017, $20.5 million for Q2 2017

$48.9 million Adjusted EBITDA for H1 2017, $31.3 million for Q2 2017

$134.7 million of cash as of June 30, 2017

Positioned to capture market recovery through

6,464 open and index days; 56.7% of 11,410 available days for H2 2017

~10% investment in Navios Maritime Containers Inc.

Commencement of Vale contract

Q2 2017 revenue $0.8 millionQ4 2017 commencement of take or pay... More