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Stock impact report

Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2019

Navios Maritime Holdings Inc. (NM) 
Last navios maritime holdings inc. earnings: 5/28 07:30 am Check Earnings Report
US:NYSE Investor Relations: navios.com/events/default.asp
Company Research Source: GlobeNewswire
$140.3 million revenue for Q1 2019$18.3 million net cash from operating activities for Q1 2019$68.5 million Adjusted EBITDA for Q1 20197.375% Senior Mortgage Notes – $35.5 million buy-back11.25% Senior Secured Notes – collateral substitutionCompleted Exchange OfferOwned-fleet renewal – improved average age by 20%Positioned to capture market recovery; 8,201 days of market exposure MONACO, May 28, 2019 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings" or "the Company") (NYSE: NM), a global, vertically integrated seaborne shipping and logistics company, today reported financial results for the first quarter ended March 31, 2019. Angeliki Frangou, Chairman and Chief Executive Officer, stated, “I am pleased with the results of the first quarter of 2019, for which we reported revenue of $140.3 million and Adjusted EBITDA of $68.5 million.” Angeliki Frangou continued, “We are continuing to develop our logistics chain in South America. We are in the preliminary stages Show less Read more
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