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

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

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