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Manning & Napier, Inc Reports May 31, 2021 Assets Under Management

M/V Nordic Nuluujaak Delivered to Pangaea Logistics Solutions Ltd

Pangaea Logistics Solutions Ltd Reports Financial Results for the Quarter Ended March 31, 2021

Share this article Share this article NEWPORT, R.I., May 11, 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 March 31, 2021. 1st Quarter Highlights Net income attributable to Pangaea Logistics Solutions Ltd. was $5.9 million for three months ended March 31, 2021 as compared to $6.8 million of net loss for the same period of 2020. Non-GAAP adjusted net income attributable to Pangaea Logistics Solutions Ltd. of $3.8 million as compared to adjusted net loss of $4.0 million for the three months ended March 31, 2020. Diluted net income per share was $0.13 for three months ended March 31, 2021 as compared to loss per share of $0.16 for the same period of 2020.

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