AP NEWS

Pangaea Logistics: 3Q Earnings Snapshot

November 8, 2018

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.

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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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