Navios Maritime Acquisition (NNA) Misses Q1 EPS by 49c

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Navios Maritime Acquisition CorporationĀ Reports Financial Results forĀ the First Quarter Ended March 31, 2021

May 19, 2021 7:51 AM EDT

Revenue 25.9% decrease in Q1 2021 revenue to $72.5 million Net Cash from Operating Activities $4.9 million in Q1 2021 Adjusted EBITDA 48.2% decrease in Q1 2021 Adjusted EBITDA to $29.1 million Sale of container vesselsFleet renewal Delivery of two newbuilding VLCC vesselsAgreements for the sale of two VLCC vessels

GRAND CAYMAN, Cayman Islands, May 19, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE: NNA), an owner and operator of tanker vessels, reported its financial results today for the first quarter... More