Pangaea Logistics Solutions (PANL) Reports Q3 EPS of $0.08

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Go back to Pangaea Logistics Solutions (PANL) Reports Q3 EPS of $0.08

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

November 12, 2015 4:37 PM EST

Adjusted EBITDA increases nearly six-fold backed by strong margins and cash flow

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 September 30, 2015.

Third Quarter Highlights

Net income attributable to Pangaea Logistics Solutions Ltd. was $3.0 million in the third quarter of 2015, compared to a net loss of $2.9 million in the third quarter of 2014 Pro forma... More