Navios Maritime Holdings (NM) Reports Q1 Loss of $1.95, Revenues Miss

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Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2020

June 4, 2020 7:49 AM EDT

Revenue

$91.1 million for Q1 2020

Cash used in operating activities

$1.5 million for Q1 2020

Adjusted EBITDA (a non-GAAP measure)

$28.7 million for Q1 2020

Liquidation of Navios Europe II expected in Q2 2020

MONACO, June 04, 2020 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. (Navios Holdings or the Company) (NYSE: NM), a global seaborne shipping and logistics company, today reported financial results for the first quarter ended March 31, 2020.

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