Navios Maritime Holdings (NM) Tops Q4 EPS by 6c, Revenue Misses

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Navios Maritime Holdings Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2017

February 21, 2018 7:44 AM EST

$463.0 million revenue for 2017; $128.5 million for Q4 2017$50.8 million net cash from operating activities for 2017; $14.4 million for Q4 2017$126.8 million Adjusted EBITDA for 2017; $46.7 million Adjusted EBITDA for Q4 2017$134.2 million cash as of December 31, 2017Fleet renewal and expansion 2017-2018YTD;      Nine vessels added (eight chartered-in, three with purchase options)      Two vessels sold      ~11% increase in fleet capacity$12,305/day TCE for Q4 2017 Positioned to capture market recovery:      22,684 available days for 2018      16,567 open and index days for... More