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Navios Maritime Acquisition Corporation  (NNA)
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EARNINGS REPORT by CSIMarket

Rasults hit by impairment charges

Navios Maritime Acquisition Corporation see it's fourth quarter 2019 results, effected by $37 million impairment of assets, company reports $-4.75 loss per share.

Company lost money at $-4.75 per share in the fourth quarter 2019, although it's Sales surged by 49.04 % to $280 millions from the same quarter a year ago.

In the previous quarter company realized Sales of $0 millions and $0.00 per share.

In the fourth quarter 2019 Navios Maritime Acquisition Corporation reported net loss of $-65.707 million, instead of deficit of $-82.233 millions in the same quarter a year ago.

Excluding the negative impact of $37 million, on impairment of assets, Navios Maritime Acquisition Corporation would still finished the quarter in red.

Navios Maritime Acquisition Corporation reported net loss of $-66 millions and Sales of $280 millions for the fiscal year 2019.

Marine Transportation Company has decreased it's loss per share to $-4.75 from $-8.40 in the previous fiscal year, while Sales surged by 49.04 % from $188 millions a year ago.

Navios Maritime Acquisition Corporation is expected to report next financial results on September 28, 2020.


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Other NNA's Earnings Reports

Navios Maritime Acquisition reported third quarter 2019 earnings

Navios Maritime Acquisition reported second quarter 2019 earnings

Navios Maritime Acquisition reported first quarter 2019 earnings

       
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