Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022
Revenue: $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 Partners") (NYSE: NMM ), an international owner and operator of dry cargo and tanker vessels, today reported its financial results for the second quarter and six month period ended June 30, 2022. Angeliki Frangou, Chairwoman and Chief Executive Officer of Navios Partners stated, "We are pleased to report our results for the second quarter of 2022 in which we recorded $280.7 million of revenue and $118.2 million of net income.
Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022
Revenue: $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 Partners") (NYSE: NMM ), an international owner and operator of dry cargo and tanker vessels, today reported its financial results for the second quarter and six month period ended June 30, 2022. Angeliki Frangou, Chairwoman and Chief Executive Officer of Navios Partners stated, "We are pleased to report our results for the second quarter of 2022 in which we recorded $280.7 million of revenue and $118.2 million of net income.