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Stock impact report

Navios Maritime Containers L.P. Reports Financial Results for the First Quarter Ended March 31, 2019

Navios Maritime Containers LP Common Units (NMCI) 
Company Research Source: GlobeNewswire
$31.8 million revenue$0.04 million net cash used in operating activities$12.0 million EBITDA$105.0 million investment in two 10,000 TEU containerships New two-year indexed floating-rate time charters MONACO, May 06, 2019 (GLOBE NEWSWIRE) -- Navios Maritime Containers L.P. (“Navios Containers” or the “Company”) (NASDAQ: NMCI), a growth vehicle dedicated to the container sector of the maritime industry, today reported its financial results for the first quarter ended March 31, 2019. Angeliki Frangou, Chairman and Chief Executive Officer, stated, "I am pleased with the results for the first quarter of 2019, where Navios Containers reported $31.8 million of Revenue and $12.0 million of EBITDA." Angeliki Frangou continued, "In a little more than two years, Navios Containers grew its fleet to 30 containerships, acquiring the fleet for a price close to the related scrap value.  Most recently, Navios Containers acquired two 2011-built 10,000 TEU containerships for $105 million, reflectin Show less Read more
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