Pangaea Logistics Solutions (PANL) Reports Q1 EPS of $0.03

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Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2016

May 10, 2016 4:08 PM EDT

NEWPORT, R.I., May 10, 2016 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended March 31, 2016.

1st Quarter Highlights

Net income attributable to Pangaea Logistics Solutions Ltd. was $1.2 million, compared to net income of $7.6 million in the first quarter... More