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Navios Maritime Holdings Inc   (NM)
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EARNINGS REPORT by CSIMarket

Navios Maritime Holdings Inc recognizes $156 million charge

Company reports $-184.452 million loss, as impairment charges strip off $156 million from the fourth quarter 2019 results.

For the fourth quarter 2019 Navios Maritime Holdings Inc lost money of $-12.43 per share compare to $-23.33 a year ago and from $0.00 per share from the previous quarter.

Sales declined by -6.82 % to $482 millions from $518 millions in the same quarter a year ago and sequentially from $0 millions.



In the fourth quarter 2019 Navios Maritime Holdings Inc reported net loss of $-184.452 million, instead of deficit of $-265.511 millions in the same quarter a year ago.

Company's $156 million impairment of assets, was mainly responsible for the fourth quarter 2019 loss, but without it, Navios Maritime Holdings Inc would still struggle to break even.

Navios Maritime Holdings Inc reported net loss of $-184 millions and Sales of $482 millions for the fiscal year 2019.

Marine Transportation Company has decreased it's loss per share to $-12.43 from $-23.33 in the previous fiscal year, while Sales decreased by -6.82 % from $518 millions a year ago.

Navios Maritime Holdings Inc is expected to report next financial results on October 29, 2020.


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Other NM's Earnings Reports

Navios Maritime Holdings Inc reported third quarter 2019 earnings

Navios Maritime Holdings Inc reported second quarter 2019 earnings

Navios Maritime Holdings Inc reported first quarter 2019 earnings

       
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