Pangaea Logistics Solutions (PANL) Tops Q3 EPS by 10c

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

November 9, 2021 4:05 PM EST

NEWPORT, R.I., Nov. 9, 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 September 30, 2021.

3rd Quarter Highlights

Net income attributable to Pangaea Logistics Solutions Ltd. was $27.0 million for the three months ended September 30, 2021, as compared to $7.6 million for the same period of 2020. Non-GAAP adjusted net income attributable to Pangaea Logistics Solutions Ltd. was $21.7 million, as compared to non-GAAP adjusted net... More