Navios Maritime Partners L.P. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2010
Distribution of $0.42 per unit for the three month period ended September 30, 2010
80.9% increase in quarterly Operating Surplus to $23.7 million
72.6% increase in quarterly EBITDA to $29.0 million
50.9% increase in quarterly net income to $16.3 million
PIRAEUS, GREECE, October 27, 2010 - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, today reported its financial results for the third quarter and nine months ended September 30, 2010.
Cash Distributions
The Board of Directors of Navios Partners declared a cash distribution for the third quarter of 2010 of $0.42 per unit. The distribution is payable on November 12, 2010 to holders of record on November 10, 2010.
- more here:
http://navios-mlp.irwebpage.com/news_display.html?relid=2010-10-27
NMM:
http://www.nasdaq.com/aspx/nasdaqlastsale.aspx?symbol=NMM&selected=NMM
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