Pangaea Logistics: Q1 Earnings Snapshot
NEWPORT, R.I. (AP) — NEWPORT, R.I. (AP) — Pangaea Logistics Solutions Ltd. (PANL) on Wednesday reported net income of $3.5 million in its first quarter.
The Newport, Rhode Island-based company said it had profit of 8 cents per share. Earnings, adjusted for non-recurring costs, came to 11 cents per share.
The maritime logistics company posted revenue of $113.7 million in the period.
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