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Navios Maritime Loss Widens

By RTTNews Staff Writer   ✉   | Published: | Follow Us On Google News

Navios Maritime Holdings Inc (NM), a seaborne shipping and logistics company, Monday reported third-quarter net loss to stockholders of $16.6 million or $0.20 per share compared with a loss of $13 million or $0.13 per share last year.

Revenues for the quarter were $152.6 million compared with $122.3 million in the prior year.

Analysts polled by Thomson Reuters estimated a loss of $0.15 per share on revenues of $128 million for the quarter. Analysts' estimates typically exclude special items.

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