Navios Maritime Holdings (NM) Misses Q1 EPS by 4c, Miss on Revenues
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Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2018
May 15, 2018 7:05 AM EDT$116.9 million revenue for Q1 2018$17.8 million net cash from operating activities for Q1 2018$28.1 million Adjusted EBITDA for Q1 2018; 60% increase vs Q1 2017Premiere operator in dry bulk sector; 200+ vessel under managementRenewing and Expanding Fleet; 2017-2018YTD added seven vessels (net) Positioned to capture market recovery; 10,870 days market exposure40% increase in TCE for Q1 2018 vs Q1 2017 $121.9 million cash as of March 31, 2018
MONACO, May 15, 2018 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings" or "the Company") (NYSE: NM), a global, vertically integrated seaborne shipping and logistics... More
