Navios Maritime Holdings (NM) Reports Q2 Loss of $2.04/sh

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Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2020

August 20, 2020 7:38 AM EDT

Revenue

$188.2 million for H1 2020$97.1 million for Q2 2020

Cash from operating activities

$5.5 million for H1 2020$7.0 million for Q2 2020

Adjusted EBITDA (a non-GAAP measure)

$55.9 million for H1 2020$27.2 million for Q2 2020

Liquidation of Navios Europe II

Two drybulk vessels and $7.9 million from Navios Europe II liquidation

Sold two vessels with an... More