Pangaea Logistics: Q3 Earnings Snapshot

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NEWPORT, R.I. (AP) — NEWPORT, R.I. (AP) — Pangaea Logistics Solutions Ltd. (PANL) on Wednesday reported profit of $18.9 million in its third quarter.

On a per-share basis, the Newport, Rhode Island-based company said it had net income of 42 cents. Earnings, adjusted for non-recurring gains, were 32 cents per share.

The maritime logistics company posted revenue of $135.6 million in the period.

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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

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