Navios Maritime Holdings Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 79.24 million compared to USD 74.44 million a year ago. Net income was USD 14.42 million compared to USD 38.96 million a year ago. Basic earnings per share from continuing operations was USD 0.25 compared to basic loss per share from continuing operations of USD 3.92 a year ago. Diluted earnings per share from continuing operations was USD 0.25 compared to diluted loss per share from continuing operations of USD 3.92 a year ago. Basic earnings per share was USD 0.25 compared to USD 0.92 a year ago. Diluted earnings per share was USD 0.25.
For the nine months, sales was USD 226.55 million compared to USD 202.78 million a year ago. Net income was USD 44.36 million compared to USD 78.92 million a year ago. Basic earnings per share from continuing operations was USD 0.78 compared to basic loss per share from continuing operations of USD 4.35 a year ago. Diluted earnings per share from continuing operations was USD 0.78 compared to diluted loss per share from continuing operations of USD 4.35 a year ago. Basic earnings per share was USD 0.78 compared to USD 2.22 a year ago. Diluted earnings per share was USD 0.78.