Navios Maritime Acquisition (NNA) Misses Q4 EPS by 50c, Revenues Miss
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Navios Maritime Acquisition Corporation Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2020
April 15, 2021 7:32 AM EDTRevenue 29.0% increase in 2020 revenue to $361.4 million15.0% decrease in Q4 2020 revenue to $72.6 million Net Cash from Operating Activities $112.6 million in 2020$26.6 million in Q4 2020 Adjusted EBITDA 45.9% increase in 2020 Adjusted EBITDA to $191.8 million41.6% decrease in Q4 2020 Adjusted EBITDA to $25.8 million Delivery of the second newbuilding VLCC under bareboat lease contractReduced debt by $96.5 million; 9% of debt outstanding
MONACO, April 15, 2021... More
