Navios Maritime Containers L.P. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2019
Navios Maritime Containers LP Common Units (NMCI)
Company Research
Source: GlobeNewswire
Revenue $102.5 million for 9M 2019$37.0 million for Q3 2019 Cash from operating activities $24.3 million for 9M 2019$15.0 million for Q3 2019 EBITDA $41.4 million for 9M 2019$16.6 million for Q3 2019 Net income $4.6 million for 9M 2019$4.1 million for Q3 2019 Revenue Visibility Time charters of two 10,000 TEU vessels extended through 2024 MONACO, Oct. 30, 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 third quarter and nine months ended September 30, 2019. Angeliki Frangou, Chairman and Chief Executive Officer, stated, "I am pleased with the results for the third quarter of 2019. Navios Containers reported $37.0 million of revenue, $16.6 million of EBITDA and $4.1 million of net income. Navios Containers also reported earnings per unit of 12 cents." Angeliki Frangou continued, "We believ
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