Navios Maritime Partners (NMM) Tops Q1 EPS by 3c

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Navios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2018

May 8, 2018 7:55 AM EDT

$53.1 million revenue$5.5 million net income$6.4 million net cash from operating activities$31.5 million Adjusted EBITDASale of two containerships for $67.0 millionQuarterly cash distribution of $0.02 per unit

MONACO, May 08, 2018 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (Navios Partners or the Company) (NYSE: NMM), an international owner and operator of container and drybulk vessels, today reported its financial results for the first quarter ended March 31, 2018.

Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated, I am pleased with the results for the... More