Navios Maritime Holdings Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 74.44 million compared to USD 63.52 million a year ago. Net income was USD 38.96 million compared to USD 59.81 million a year ago. Basic loss per share from continuing operations was USD 3.92 compared to basic earnings per share from continuing operations of USD 1.13 a year ago. Diluted loss per share from continuing operations was USD 3.92 compared to diluted earnings per share from continuing operations of USD 1.11 a year ago. Basic earnings per share was USD 0.92 compared to USD 3.67 a year ago.
For the nine months, sales was USD 202.78 million compared to USD 174.32 million a year ago. Net income was USD 78.92 million compared to USD 84.91 million a year ago. Basic loss per share from continuing operations was USD 4.35 compared to basic earnings per share from continuing operations of USD 3.95 a year ago. Diluted loss per share from continuing operations was USD 4.35 compared to diluted earnings per share from continuing operations of USD 3.84 a year ago. Basic earnings per share was USD 2.22 compared to USD 5.76 a year ago.