Pangaea Logistics Solutions (PANL): Third Quarter Earnings Beat Expectations

Core Insights - Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) is recognized as one of the best micro-cap stocks to invest in according to analysts [1] Financial Performance - In the third quarter of 2025, Pangaea Logistics Solutions reported earnings per share of $0.17, exceeding estimates by $0.14 [2] - The company's revenue for the quarter was over $168 million, reflecting a year-on-year increase of 10.2% and surpassing expectations by $9.35 million [2] - A quarterly dividend of $0.05 per share was announced, with a total of $3.2 million paid to shareholders through dividends in Q3 [2] Leadership Changes - Mark Filanowski, the CEO, will retire and step down from the Board of Directors early next year after eleven years with the company [3] - Mads Petersen, the current COO, has been appointed as the new CEO, having been with the company since 2009 and overseeing its commercial, operational, and technical functions since 2022 [3] Business Overview - Pangaea Logistics Solutions provides seaborne dry bulk logistics and transportation services to industrial customers globally [4]