Pangaea Logistics Solutions (PANL) Tops Q2 EPS by 22c

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Pangaea Logistics Solutions Ltd. Reports Record Financial Results for the Quarter Ended June 30, 2021

August 10, 2021 4:05 PM EDT

NEWPORT, R.I., Aug. 10, 2021 /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 June 30, 2021.

2nd Quarter Highlights

Net income attributable to Pangaea Logistics Solutions Ltd. was $19.2 million for the three months ended June 30, 2021, as compared to a $3.0 million for the same period of 2020. Non-GAAP adjusted net income attributable to Pangaea Logistics Solutions Ltd. was $12.9 million, as compared to Non-GAAP... More