Navios Maritime Partners (NMM) Misses Q4 EPS by 2c, Revenues Miss

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Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2018

January 31, 2019 7:34 AM EST

Revenue: $57.5 million in Q4$231.4 million for 2018 Net cash from operating activities: $17.7 million in Q4$68.3 million for 2018 Adjusted EBITDA: $31.0 million in Q4$139.1 million for 2018 ~ $175.0 million agreements for the refinancing of twelve vessels Weighted average interest cost: L + ~ 270 bps Distributions to NMM unitholders $13.7 million annual cash distribution ($0.08 per unit)   >   $3.5 million cash distribution for Q4 ($0.02 per unit)$4.2 million distribution in kind (Navios Containers units)$50.0 million Unit Repurchase... More