NEWPORT, R.I. (AP) _ Pangaea Logistics Solutions Ltd. (PANL) on Monday reported second-quarter net income of $4 million.
On a per-share basis, the Newport, Rhode Island-based company said it had net income of 9 cents.
The maritime logistics company posted revenue of $83.3 million in the period.
In the final minutes of trading on Monday, the company's shares hit $3.45. A year ago, they were trading at $3.41.