Welcome to our dedicated page for Navios Maritime Holdings news (Ticker: NM), a resource for investors and traders seeking the latest updates and insights on Navios Maritime Holdings stock.
Navios Maritime Holdings Inc. (NYSE: NM) is a prominent player in the maritime industry, focusing on infrastructure and logistics primarily in the Hidrovia region of South America. The company holds significant equity stakes in Navios South American Logistics Inc. and Navios Maritime Partners L.P..
Through its subsidiaries, Navios Maritime Holdings offers comprehensive logistics solutions encompassing marine transportation, port terminal operations, and integrated storage services for petroleum, agricultural, and mining products. This diverse portfolio is supported by a fleet of dry cargo and tanker vessels, ensuring efficient and reliable service for its clients.
In the second quarter of 2023, Navios Logistics reported an EBITDA of $29.9 million, demonstrating its steady performance despite the economic challenges. The company's strategic investments and partnerships continue to bolster its market position, making it a critical infrastructure provider in South America.
Navios Maritime Holdings is also known for its transparent communication with investors, regularly updating them through conference calls and webcasts. The most recent event was scheduled on August 24, 2023, where the Q2 2023 financial results were discussed in detail.
For more information, visit the Navios Holdings website or contact their investor relations at +1-345-232-3067 or +1.212.906.8643.
Navios Maritime Holdings (NYSE: NM) filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2022, with the SEC. This report is accessible on their website under the 'Investors' section. Shareholders can request a hard copy of the audited financial statements at no charge by contacting the company directly. Navios Holdings has a controlling interest in Navios South American Logistics Inc. and holds an interest in Navios Maritime Partners L.P., both of which are significant players in the logistics and shipping sectors.
Navios Maritime Holdings reported its Q4 2022 and full-year 2022 results on March 9, 2023. The company achieved a net income of $87.3 million for FY 2022, contrasted with a loss in the previous year. Q4 2022 revenue reached $52.6 million, up from $49.2 million in Q4 2021. The EBITDA for FY 2022 was $355.1 million, showing strong overall performance. Navios Logistics experienced a 20% increase in adjusted EBITDA to $94.1 million, driven by significant growth in port transshipments and rising cargo volumes. The company focuses on expanding its logistics operations in the Hidrovia region following the sale of its drybulk fleet.
FAQ
What is the market cap of Navios Maritime Holdings (NM)?
What services does Navios Maritime Holdings Inc. provide?
What regions does Navios Maritime Holdings Inc. primarily operate in?
What are Navios Maritime Holdings Inc.'s recent financial results?
Who are Navios Maritime Holdings Inc.'s subsidiaries?
How can I access the latest investor updates for Navios Maritime Holdings Inc.?
What is the company’s stock ticker symbol?
How can I contact Navios Maritime Holdings Inc. for investor relations?
When was the latest conference call held?
What is Navios South American Logistics Inc.?
Where can I find more information about Navios Maritime Holdings Inc.?
