WASHINGTON (dpa-AFX) - Pangaea Logistics Solutions Ltd. (PANL) announced earnings for its third quarter that advanced from last year.
The company's profit totaled $8.28 million, or $0.19 per share. This compares with $7.18 million, or $0.17 per share, in last year's third quarter.
The company's revenue for the quarter fell 10.9% to $95.34 million from $107.02 million last year.
Pangaea Logistics Solutions Ltd. earnings at a glance:
-Earnings (Q3): . vs. $7.25 Mln. last year. -Revenue (Q3): $95.34 Mln vs. $107.02 Mln last year.
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