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Stock impact report

Navios Maritime Containers L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2019

Navios Maritime Containers LP Common Units (NMCI) 
Company Research Source: GlobeNewswire
Revenue $141.5 million for FY 2019$39.0 million for Q4 2019 Cash from operating activities $37.0 million for FY 2019$12.7 million for Q4 2019 Adjusted EBITDA $59.6 million for FY 2019$18.2 million for Q4 2019 Adjusted Net income $10.5 million for FY 2019$5.9 million for Q4 2019 MONACO, Feb. 05, 2020 (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 fourth quarter and year ended December 31, 2019. Angeliki Frangou, Chairman and Chief Executive Officer, stated, "I am pleased with the results for the fourth quarter and full year of 2019. For the fourth quarter of 2019, Navios Containers reported $18.2 million of Adjusted EBITDA, $5.9 million of Adjusted Net Income and $0.17 of Adjusted Net Earnings per common unit. For the full year of 2019, Navios Containers reported $59.6 million of Adjusted EBITDA, Show less Read more
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