U.S. Markets closed

Pangaea Logistics: 3Q Earnings Snapshot

NEWPORT, R.I. (AP) _ Pangaea Logistics Solutions Ltd. (PANL) on Thursday reported third-quarter net income of $8.3 million.

The Newport, Rhode Island-based company said it had net income of 19 cents per share.

The maritime logistics company posted revenue of $95.3 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $3.43. A year ago, they were trading at $3.99.


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