Navios Maritime Holdings (NM) Reports Q3 EPS of $0.06

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Navios Maritime Holdings Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2020

November 23, 2020 8:16 AM EST

Revenue

$314.4 million for 9M 2020$126.2 million for Q3 2020

Cash provided by operating activities

$35.3 million for 9M 2020$29.8 million for Q3 2020

Adjusted EBITDA

$116.1 million for 9M 2020$60.2 million for Q3 2020

$65.1 million sale of four vessels in Q3 2020

Owned fleet renewal and expansion LTM Q3 2020

13% decrease in average age8% increase in dwt capacity

MONACO, Nov. 23,... More