Navios Maritime Holdings (NM) Reports Q2 Loss of $0.18/Share

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Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2018

August 23, 2018 7:34 AM EDT

Revenue

$248.9 million for H1 2018$132.1 million for Q2 2018

Cash from operating activities

$29.5 million for H1 2018$11.7 million for Q2 2018

Adjusted EBITDA

$71.3 million for H1 2018$43.2 million for Q2 2018

$79.0 million agreement to sell two vessels

$31.8 million full prepayment of outstanding bank debt associated with the two vessels$47.2 million cash on balance sheet

Fleet renewal (2017-2018YTD)

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