Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2025
Pangaea Logistics Solutions(US:PANL) Prnewswire·2025-05-12 20:36NEWPORT, R.I., May 12, 2025 /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, 2025.FIRST QUARTER 2025 RESULTS Net loss attributable to Pangaea of $2.0 million, or $0.03 per share Adjusted net loss attributable to Pangaea of $2.2 million, or $0.03 per share Adjusted EBITDA of $14.8 million Time Charter Equivalent ("TCE") rates earned by ...