NEWPORT, R.I. (AP) — NEWPORT, R.I. (AP) — Pangaea Logistics Solutions Ltd. (PANL) on Monday reported profit of $10.2 million in its second quarter.
On a per-share basis, the Newport, Rhode Island-based company said it had profit of 16 cents. Earnings, adjusted for non-recurring costs, came to 26 cents per share.
The maritime logistics company posted revenue of $187.1 million in the period.
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