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Pangaea Logistics: 1Q Earnings Snapshot

NEWPORT, R.I. (AP) _ Pangaea Logistics Solutions Ltd. (PANL) on Tuesday reported first-quarter earnings of $3.7 million.

On a per-share basis, the Newport, Rhode Island-based company said it had profit of 9 cents.

The maritime logistics company posted revenue of $79.5 million in the period.

In the final minutes of trading on Tuesday, the company's shares hit $3.40. A year ago, they were trading at $3.32.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PANL at https://www.zacks.com/ap/PANL