Navios Maritime Partners (NMM) Reports In-Line Q1 EPS

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Go back to Navios Maritime Partners (NMM) Reports In-Line Q1 EPS

Navios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2019

May 3, 2019 4:10 PM EDT

$46.8 million revenue$10.5 million net cash from operating activities$22.7 million adjusted EBITDA$73.5 million Term Loan B prepayment post Q1 2019Returning capital to Unitholders -- $3.4 million cash distribution for Q1 ($0.02 per unit) -- 4.7 million units repurchased

MONACO, May 03, 2019 (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 first quarter ended March 31, 2019.

Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated, I am pleased... More