Navios Maritime Partners (NMM) Misses Q4 EPS by 15c, Revenues Beat
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Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2019
February 10, 2020 7:34 AM ESTRevenue:    º $61.3 million for Q4 2019    º $219.4 million for 2019 Net cash from operating activities:    º $23.3 million for Q4 2019    º $70.4 million for 2019 Adjusted EBITDA:    º $33.7 million for Q4 2019    º $120.0 million for 2019 Acquired 11 vessels:    º Three Panamax and one Handymax vessel delivered in December 2019    º Two Kamsarmax vessels (bareboat leases) expected to be delivered in H1 2021    º Five containerships delivered in December 2019, upon the liquidation of Navios Europe I Diversified debt maturity profile through 2030     º No debt maturities until Q3 2021Returning capital to Unitholders    º $3.4 million cash distribution for Q4 ($0.30 per unit)
MONACO, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (Navios Partners)... More
