Navios Maritime Holdings (NM) Reports Q3 EPS of $2.77, Revenues Miss

Go back to Navios Maritime Holdings (NM) Reports Q3 EPS of $2.77, Revenues Miss

Navios Maritime Holdings Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2019

November 25, 2019 8:21 AM EST

Revenue

$363.6 million for 9M 2019$141.6 million for Q3 2019

Cash from operating activities

$80.8 million for 9M 2019$38.1 million for Q3 2019

Adjusted EBITDA (a non-GAAP measure)

$233.2 million for 9M 2019$98.8 million for Q3 2019

Fleet renewal (2017-2019YTD)

26% decrease in average age8% increase in dwt capacity

Liquidation of Navios Europe I

$13.1 million receivable as of September 30,... More