Navios Maritime Acquisition (NNA) Misses Q2 EPS by 75c, Revenues Miss
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Navios Maritime Acquisition Corporation Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2019
August 21, 2019 7:18 AM EDTRevenue: 41.2% increase in Q2 2019 revenue to $58.6 million54.9% increase in H1 2019 revenue to $135.7 million Term Loan B expected to be fully prepaid in H2 2019 3% expected debt reduction ($33.4 million) Fleet Renewal: Sale of a 2002-built VLCC for $25.3 million Returning capital to stockholders: Quarterly dividend: $0.30 per share
MONACO, Aug. 21, 2019 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE:... More
