Navios Maritime Midstream Partners (NAP) Misses Q2 EPS by 2c, Miss on Revenues

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Navios Maritime Midstream Partners L.P. Reports Financial Results for the Second Quarter and Six Months ended June 30, 2018

July 26, 2018 7:47 AM EDT

Revenue: $20.8 million in Q2; $40.6 million for the six monthsNet cash from operating activities: $26.1 million for the six monthsEBITDA: $14.7 million in Q2; Adjusted EBITDA: $28.4 million for the six monthsOperating Surplus: $8.9 million in Q2; $16.7 million for the six monthsMerger Proposal from Navios Maritime Acquisition CorporationQuarterly Cash Distribution of $0.125 per unit; $0.50 per unit annualized

MONACO, July 26, 2018 (GLOBE NEWSWIRE) -- Navios Maritime Midstream Partners L.P. (Navios Midstream) (NYSE: NAP), an owner and operator... More