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Pangaea Logistics: 2Q Earnings Snapshot

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.

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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