Pangaea Logistics Solutions (PANL) Reports Q2 EPS of $0.15

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Go back to Pangaea Logistics Solutions (PANL) Reports Q2 EPS of $0.15

Pangaea Logistics Solutions Ltd. Reports Financial Results for the Three Months Ended June 30, 2015

August 13, 2015 5:31 PM EDT

Company Reports Profitable Quarter Against Backdrop of Industry Losses

NEWPORT, R.I.--(BUSINESS WIRE)-- Pangaea Logistics Solutions Ltd. (Pangaea or the Company) (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced today its results for the quarter ended June 30, 2015.

Second Quarter Highlights

Net Income attributable to Pangaea Logistics Solutions Ltd. was $5.5 million in the second quarter of 2015, compared to $1.2 million in the second quarter of 2014 Pro forma adjusted earnings per common share1 increased to $0.15 in the second quarter of 2015,... More