NM earnings
Navios Maritime Holdings Inc. (NM) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Navios South American Logistics Inc. Announces the Date for the Third Quarter 2023 Conference Call and WebcastMONTEVIDEO, Uruguay, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Navios South American Logistics Inc. ("Navios Logistics") announced today that it will host a conference call on Thursday, December 21, 2023 at 8:30 am ET, at which time Navios Logistics' senior management will provide highlights and commentary on earnings results for the third quarter and nine months ended September 30, 2023. A supplemental slide presentation will be available on the Navios Logistics website at www.navioslogistics.com under the "Investors" section by 8:00 am ET on the day of the call. Conference Call details:Call Date/Time: Thursday, December 21, 2023 at 8:30 am ETCall Title: Navios Logistics Q3 2023 Financial Resul
- Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023Revenue $81.9 million in Q2 2023 $147.3 million in H1 2023 Net Income $15.5 million in Q2 2023$29.9 million in H1 2023 EBITDA, a non-GAAP measure $42.3 million in Q2 2023 $82.8 million in H1 2023 GRAND CAYMAN, Cayman Islands, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings" or the "Company") (NYSE:NM), today reported its financial results for the second quarter and six months ended June 30, 2023. Navios Holdings owns (i) a controlling equity stake in Navios South American Logistics Inc. ("Navios Logistics"), one of the largest infrastructure and logistics companies in the Hidrovia region of South America and (ii) an interest in Navios Maritime Partners
- Navios Maritime Holdings Inc. Announces the Date for the Release of Second Quarter Ended June 30, 2023 Results, Conference Call and WebcastGRAND CAYMAN, Cayman Islands, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) announced today that it will host a conference call on , August 24, 2023 at 8:30 am ET, at which time Navios Holdings' senior management will provide highlights and commentary on earnings results for the second quarter and six months ended June 30, 2023. The Company will report results for the second quarter and six months ended June 30, 2023, prior to the conference call. A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the "Investors" section by 8:00 am ET on the day of the call. Conference Call details:Cal
- Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2023Revenue $65.4 million in Q1 2023 Net Income $14.5 million in Q1 2023 EBITDA, a non-GAAP measure $40.5 million in Q1 2023 Navios Logistics $26.0 million EBITDA, a non-GAAP measure, in Q1 2023 GRAND CAYMAN, Cayman Islands, May 24, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings" or the "Company") (NYSE:NM), today reported its financial results for the first quarter ended March 31, 2023. Navios Holdings owns (i) a controlling equity stake in Navios South American Logistics Inc. ("Navios Logistics"), one of the largest infrastructure and logistics companies in the Hidrovia region of South America and (ii) an interest in Navios Maritime Partners L.P. ("Navi
- Navios Maritime Holdings Inc. Announces the Date for the Release of First Quarter Ended March 31, 2023 Results, Conference Call and WebcastGRAND CAYMAN, Cayman Islands, May 19, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) announced today that it will host a conference call on Wednesday, May 24, 2023 at 8:30 am ET, at which time Navios Holdings' senior management will provide highlights and commentary on earnings results for the first quarter ended March 31, 2023. The Company will report results for the first quarter ended March 31, 2023, prior to the conference call. A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the "Investors" section by 8:00 am ET on the day of the call. Conference Call details:Call Date/Time: Wednesday, M
- Navios Maritime Holdings Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2022Net Income $8.4 million in Q4 2022$87.3 million in FY 2022 EBITDA, a non-GAAP measure $32.6 million in Q4 2022$355.1 million in FY 2022 Revenue $52.6 million in Q4 2022 vs $49.2 million in Q4 2021 $255.4 million in FY 2022 vs $223.5 million in FY 2021 Navios Logistics ∼20% increase in Adjusted EBITDA GRAND CAYMAN, Cayman Islands, March 09, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings" or the "Company") (NYSE:NM), today reported its financial results for the fourth quarter and year ended December 31, 2022. Navios Holdings owns (i) a controlling equity stake in Navios South American Logistics Inc. ("Navios Logistics"), one of the largest infrastructure and log
- Navios Maritime Holdings Inc. Announces the Date for the Release of Fourth Quarter and Year Ended 2022 Results, Conference Call and WebcastGRAND CAYMAN, Cayman Islands, March 07, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) announced today that it will host a conference call on Thursday, March 9, 2023 at 8:30 am ET, at which time Navios Holdings' senior management will provide highlights and commentary on earnings results for the fourth quarter and year ended December 31, 2022. The Company will report results for the fourth quarter and year ended December 31, 2022, prior to the conference call. A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the "Investors" section by 8:00 am ET on the day of the call. Conference Call details:
- Navios Maritime Holdings Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2022Net Income $39.0 million in Q3 2022$78.9 million in 9M 2022 Cash from operating activities $41.3 million cash provided by operating activities in Q3 2022$127.4 million cash provided by operating activities in 9M 2022 EBITDA, a non-GAAP measure $149.9 million in Q3 2022$322.5 million in 9M 2022 Completion of Tender Offer for American Depositary Shares ("ADSs") in respect of the Company's Series G and H Preferred Stock $9.2 million cash consideration paid604,343, or 26.2%, of outstanding Series G and H ADS tendered Revenue from Logistics Business $74.4 million in Q3 2022 vs $63.5 million in Q3 2021$202.8 million in 9M 2022 vs $174.3 million in 9M 2021 Management Succession for Logist
- Navios Maritime Holdings Inc. Announces the Date for the Release of Third Quarter 2022 Results, Conference Call and WebcastGRAND CAYMAN, Cayman Islands, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) announced today that it will host a conference call on Tuesday, November 22, 2022 at 8:30 am ET, at which time Navios Holdings' senior management will provide highlights and commentary on earnings results for the third quarter and nine months ended September 30, 2022. The Company will report results for the third quarter and nine months ended September 30, 2022, prior to the conference call. A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the "Investors" section by 8:00 am ET on the day of the call. Conferen
- Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022Net Income $45.0 million net income in Q2 2022$40.0 million net income in H1 2022 Revenue 10.9% increase to $159.2 million in Q2 2022 10.1% increase to $287.0 million in H1 2022 Cash from operating activities $69.7 million cash provided by operating activities in Q2 2022$86.1 million cash provided by operating activities in H1 2022 EBITDA, a non-GAAP measure 22.8% increase to $98.9 million in Q2 2022 27.8% increase to $172.7 million in H1 2022 Recent Developments $835.0 million sale of 36-vessel drybulk fleet completed$784.2 million reduction in liabilities Post sale 63.8% controlling stake in NSAL10.3% passive stake in NMM GRAND CAYMAN, Cayman Islands, Sept. 08, 2022 (GLOB
- Navios Maritime Holdings Inc. Announces the Date for the Release of Second Quarter 2022 Results, Conference Call and WebcastGRAND CAYMAN, Cayman Islands, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) announced today that it will host a conference call on Thursday, September 8, 2022 at 8:30 am ET, at which time Navios Holdings' senior management will provide highlights and commentary on earnings results for the second quarter and six months ended June 30, 2022. The Company will report results for the second quarter and six months ended June 30, 2022, prior to the conference call. A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the "Investors" section by 8:00 am ET on the day of the call. Conference Call
- Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022Revenue: $280.7 million for Q2 2022$517.3 million for H1 2022 Net Income: $118.2 million for Q2 2022$203.8 million for H1 2022 Net cash from operating activities: $142.0 million for Q2 2022$147.2 million for H1 2022 EBITDA: $163.5 million for Q2 2022$289.6 million for H1 2022 Fleet update YTD $1.3 billion acquisition of vessels $835.0 million acquisition of 36-vessel drybulk fleet $241.2 million acquisition of two newbuilding LNG dual-fuel Containerships$234.0 million acquisition of four newbuilding LR2/Aframax tankers $100.0 million unit repurchase program$0.05 per unit cash distribution for Q2 2022 MONACO, July 28, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partner
- Navios Maritime Holdings Inc. Announces the Sale of its 36-Vessel Drybulk FleetGRAND CAYMAN, Cayman Islands, July 27, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings" or the "Company") (NYSE:NM), announced today a definitive agreement providing for the sale of its 36-vessel drybulk fleet for an aggregate consideration of approximately $835.0 million consisting of cash and the assumption of bank debt and finance leases related to the vessels and subject to working capital adjustment at closing, to Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM). The aggregate transaction consideration is expected to reduce Navios Holdings' liabilities by approximately $784.2 million, comprising of: Amount (in US$ millions)Description of liability
- Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2022Revenue $127.8 million in Q1 2022 compared to $117.0 million in Q1 2021 Cash provided by/(used in) operating activities $16.4 million in Q1 2022 compared to $(27.4) million in Q1 2021 Adjusted EBITDA $73.8 million in Q1 2022 compared to $49.2 million in Q1 2021 Time Charter Equivalent 51.1% increase$21,767 per day in Q1 2022 compared to $14,404 per day in Q1 2021 $664.3 million bond repayments YTD $614.3 million of Ship Mortgage Notes in January 2022$50.0 million of Senior Notes GRAND CAYMAN, Cayman Islands, May 19, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings" or the "Company") (NYSE:NM), a global seaborne shipping and logistics company, today re
- Navios Maritime Holdings Inc. Announces the Date for the Release of First Quarter 2022 Results, Conference Call and WebcastGRAND CAYMAN, Cayman Islands, May 17, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) announced today that it will host a conference call on Thursday, May 19, 2022 at 8:30 am ET, at which time Navios Holdings' senior management will provide highlights and commentary on earnings results for the first quarter ended March 31, 2022. The Company will report results for the first quarter ended March 31, 2022, prior to the conference call. A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the "Investors" section by 8:00 am ET on the day of the call. Conference Call details:Call Date/Time: Thurs
- Navios Maritime Holdings Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2021Net Income $31.8 million in Q4 2021$116.7 million in FY 2021 Revenue 53.2% increase to $156.8 million in Q4 202140.6% increase to $585.8 million in FY 2021 Cash from operating activities $78.0 million in Q4 2021 compared to ($10.1) million in Q4 2020$109.6 million in FY 2021 compared to $25.2 million in FY 2020 Adjusted EBITDA, a non-GAAP measure 171.3% increase to $101.9 million in Q4 2021130.3% increase to $353.2 million in FY 2021 Time Charter Equivalent $31,156 per day in Q4 2021 compared to $13,248 per day in Q4 2020$23,638 per day in FY 2021 compared to $10,543 per day in FY 2020 $614.3 million Repayment of Ship Mortgage Notes$150.0 million Principal Reduction of Senior Notes GRAND CA
- Navios Maritime Holdings Inc. Announces the Date for the Release of Fourth Quarter and Year Ended 2021 Results, Conference Call and WebcastGRAND CAYMAN, Cayman Islands, Feb. 21, 2022 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) announced today that it will host a conference call on Thursday, February 24, 2022 at 8:30 am ET, at which time Navios Holdings' senior management will provide highlights and commentary on earnings results for the fourth quarter and year ended December 31, 2021. The Company will report results for the fourth quarter and year ended December 31, 2021, prior to the conference call. A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the "Investors" section by 8:00 am ET on the day of the call. Conference Call detai
- Navios Maritime Holdings Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2021$664.3 million Note Retirement Extinguishment of $614.3 million Ship Mortgage Notes due January 15, 2022 Redemption of $50.0 million of Senior Secured Notes due August 15, 2022 $550 million Debt Financing $287.0 million of Commercial Bank facilities and Sale-Leaseback Agreements$262.6 million PIK Loan facilities with NSM Net Income $59.8 million in Q3 2021$84.9 million in 9M 2021 Revenue 33.5% increase to $168.4 million in Q3 2021 36.5% increase to $429.0 million in 9M 2021 Cash from operating activities $33.0 million in Q3 2021$31.7 million in 9M 2021 Adjusted EBITDA 94.0% increase to $116.1 million in Q3 2021 117.0% increase to $251.3 million in 9M 2021 Time Charter Equivalent $30,146 pe
- Navios Maritime Holdings Inc. Announces the Date for the Release of Third Quarter 2021 Results, Conference Call and WebcastGRAND CAYMAN, Cayman Islands, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) announced today that it will host a conference call on Thursday, December 16, 2021 at 8:30 am ET, at which time Navios Holdings' senior management will provide highlights and commentary on earnings results for the third quarter and nine months ended September 30, 2021. The Company will report results for the third quarter and nine months ended September 30, 2021, prior to the conference call. A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the "Investors" section by 8:00 am ET on the day of the call. Con
- Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2021Net Income $24.9 million net income in Q2 2021$25.1 million net income in H1 2021 Revenue 47.9% increase to $143.6 million in Q2 2021 38.4% increase to $260.6 million in H1 2021 Cash from operating activities $26.0 million cash provided by operating activities in Q2 2021$1.4 million cash used in operating activities in H1 2021 Adjusted EBITDA 216.1% increase to $85.9 million in Q2 2021 141.6% increase to $135.1 million in H1 2021 Time Charter Equivalent $21,572 per day in Q2 2021 compared to $7,827 per day in Q2 2020$17,862 per day in H1 2021 compared to $7,451 per day in H1 2020 $251.4 million or 22.4% debt reduction YTD $100.0 million redemption of 11.25% Senior Secured NotesMaturity of 1
- Navios Maritime Holdings Inc. Announces the Date for the Release of Second Quarter 2021 Results, Conference Call and WebcastMONACO, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) announced today that it will host a conference call on Thursday, September 2, 2021 at 8:30 am ET, at which time Navios Holdings' senior management will provide highlights and commentary on earnings results for the second quarter and six months ended June 30, 2021. The Company will report results for the second quarter and six months ended June 30, 2021, prior to the conference call. A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the "Investors" section by 8:00 am ET on the day of the call. Conference Call det
- Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2021Revenue: $152.0 million for Q2 2021$217.1 million for H1 2021 Net cash from operating activities: $61.1 million for Q2 2021$77.2 million for H1 2021 Adjusted EBITDA: $90.4 million for Q2 2021$124.1 million for H1 2021 Net Income $99.9 million for Q2 2021$236.6 million for H1 2021 ~$615.0 million financing arranged year-to-date ~ $124.3 million to refinance 2021 maturitiesNo significant maturities until 2023 Significant fleet expansion 81% increase in number of vessels year-to-date MONACO, July 27, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), an international owner and operator of dry cargo vessels, today reported its financial results f
- Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2021Revenue 28.4% increase $117.0 million in Q1 2021 compared to $91.1 million in Q1 2020 Cash used in operating activities $27.4 million in Q1 2021 Adjusted EBITDA 69.1% increase$48.6 million in Q1 2021 compared to $28.7 million in Q1 2020 Net Income $0.2 million net income in Q1 2021 compared to $53.3 million net loss in Q1 2020 Time Charter Equivalent 103.4% increase$14,404 per day in Q1 2021 compared to $7,082 per day in Q1 2020 $71.0 million debt reduction YTD$65.1 million proceeds from vessel sales YTD GRAND CAYMAN, Cayman Islands, May 27, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios
- Navios Maritime Partners L.P. Reports Financial Results for the First Quarter of 2021Merger with Navios Maritime Containers L.P. completed on March 31, 2021Revenue: $108.8 million total revenue for Q1 2021 $65.1 million from Navios Partners $43.7 million from Navios Containers Net cash from operating activities: $27.4 million total net cash from operating activities for Q1 2021 $16.2 million from Navios Partners $11.2 million from Navios Containers Adjusted EBITDA: $56.4 million total Adjusted EBITDA for Q1 2021 $33.7 million from Navios Partners $22.7 million from Navios Containers $500.0 million financing Refinancing 2021 maturities No significant maturities until 2023 Significant fleet expansion 65% increase in number of vessels year-to-date $0.05 per unit
- Navios Maritime Holdings Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2020MONACO, April 21, 2021 (GLOBE NEWSWIRE) -- Revenue $416.7 million for FY 2020$102.4 million for Q4 2020 Cash provided by/(used in) operating activities $25.2 million for FY 2020$(10.1) million for Q4 2020 Adjusted EBITDA $153.4 million for FY 2020$37.6 million for Q4 2020 Navios Partners Completed merger with Navios Containers on March 31, 2021Post-merger: NM owns 12.6% $36.2 million debt reduction in Q1 2021 Navios Maritime Holdings Inc. ("Navios Holdings" or "the Company") (NYSE:NM), a global seaborne shipping and logistics company, today reported financial results for the fourth quarter and year ended December 31, 2020. Angeliki Frangou, Chairman and
- Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2020Revenue:• $226.8 million for the year ended 2020• $69.2 million for Q4 2020 Net cash from operating activities:• $94.1 million for the year ended 2020• $25.4 million for Q4 2020 Adjusted EBITDA:• $99.8 million for the year ended 2020• $35.5 million for Q4 2020 Acquisition of Navios Maritime Containers L.P. • Unit holders approve merger• Merger to be completed on March 31, 2021Focused charter strategy for 2021 • 89.4% of available container vessel days are fixed• 53.5% of available drybulk vessel days are exposed to market ratesFleet Renewal:• Acquisition of six drybulk vessels with an average age of ~ 2.0 years• Sale of four vessels with an average age of ~ 13.0 years $0.05 per unit cas