Navios Maritime Acquisition (NNA) Reports Q1 EPS of $0.94, Revenues Beat

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Navios Maritime Acquisition CorporationĀ Reports Financial Results for the First Quarter Ended March 31, 2020

May 6, 2020 7:54 AM EDT

Revenue     º  26.9% increase in Q1 2020 revenue to $97.9 million Net Cash from Operating Activities     º  $30.5 million in Q1 2020 Adjusted EBITDA     º  36.3% increase in Q1 2020 Adjusted EBITDA to $56.2 million Liquidation of Navios Europe II Inc. expected in Q2 2020Returning capital to stockholders:     º  Quarterly dividend: $0.30 per share

MONACO, May 06, 2020 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE: NNA), an owner and operator of tanker vessels, reported its financial... More