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.