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Pangaea Logistics: Q3 Earnings Snapshot

Pangaea Logistics: Q3 Earnings Snapshot

By AP News
Published - Nov 12, 2024, 05:38 PM ET
Last Updated - Dec 16, 2024, 05:28 PM EST

NEWPORT, R.I. (AP) — NEWPORT, R.I. (AP) — Pangaea Logistics Solutions Ltd. (PANL) on Tuesday reported net income of $5.1 million in its third quarter.

On a per-share basis, the Newport, Rhode Island-based company said it had net income of 11 cents. Earnings, adjusted for non-recurring costs, were 24 cents per share.

The maritime logistics company posted revenue of $153.1 million in the period.

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