Navios Maritime Partners (NMM) Tops Q2 EPS by 2c, Revenues Beat

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

August 1, 2018 8:02 AM EDT

Revenue: $58.2 million in Q2; $111.2 million for the six monthsNet cash from operating activities: $24.8 million in Q2; $31.3 million for the six monthsAdjusted EBITDA: $34.7 million in Q2; $66.2 million for the six monthsAgreement to acquire two 2016-built drybulk vessels for $79.0 millionSale of two containerships for $67.0 millionQuarterly cash distribution of $0.02 per unit

MONACO, Aug. 01, 2018 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (Navios Partners) (NYSE: NMM), an international owner and operator of dry cargo vessels, today reported its financial results for the second quarter and six months ended June... More