Navios Maritime Holdings fell deeper into the red in the third quarter despite top-line growth.
New York Listed Navios Holdings reported net loss of $28.3m versus a loss of $27.5m a year earlier.
Its adjusted loss per share of $0.26 was below consensus estimates of $0.24 loss per share, according to JP Morgan.
Revenue climbed to $120.6m from $113.1m from a year ago, in part due to improved results in the company's dry-bulk vessel segment.