PANL - Earnings announcements

NEWPORT, R.I., March 10, 2026 /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 December 31, 2025. FOURTH QUARTER 2025 RESULTSGAAP net income attributable to Pangaea of $11.9 million, or $0.19 per shareAdjusted  net income attributable to Pangaea of $10.1 million, or $0.16 per share     Adjusted EBITDA of $28.7 millionOperating cash flow of $15.1 million      Time Charter Equivalent ("TCE") rates earned by Pangaea of $

NEWPORT, R.I., March 4, 2026 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", )), a global provider of comprehensive maritime logistics solutions, today announced that it will issue fourth quarter 2025 results after the market closes on Tuesday, March 10, 2026.  A conference call will be held the next day, Wednesday, March 11, 2026 at 8:00 a.m. ET to review the Company's financial results and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available with the Company's Securities

NEWPORT, R.I., Nov. 6, 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 September 30, 2025. THIRD QUARTER 2025 RESULTS GAAP net income attributable to Pangaea of $12.2 million, or $0.19 per shareAdjusted net income attributable to Pangaea of $11.2 million, or $0.17 per shareAdjusted EBITDA of $28.9 millionOperating cash flow of $28.6 millionTime Charter Equivalent ("TCE") rates earned by Pangaea of $15,559 per

NEWPORT, R.I., Oct. 31, 2025 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", )), a global provider of comprehensive maritime logistics solutions, today announced that it will issue third quarter 2025 results after the market closes on Thursday, November 6, 2025. A conference call will be held the next day, Friday, November 7, 2025 at 8:00 a.m. ET to review the Company's financial results and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available with the Company's Securitie

NEWPORT, R.I., Aug. 7, 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 June 30, 2025. SECOND QUARTER 2025 RESULTS GAAP net loss attributable to Pangaea of $2.7 million, or $0.04 per shareAdjusted net loss attributable to Pangaea of $1.4 million, or $0.02 per shareAdjusted EBITDA of $15.3 millionTime Charter Equivalent ("TCE") rates earned by Pangaea of $12,108 per dayPangaea's TCE rates exceeded the average Ba

NEWPORT, R.I., Aug. 4, 2025 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", )), a global provider of comprehensive maritime logistics solutions, today announced that it will issue second quarter 2025 results after the market closes on Thursday, August 7, 2025. A conference call will be held the next day, Friday, August 8, 2025 at 8:00 a.m. ET to review the Company's financial results and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available with the Company's Securities an

NEWPORT, 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 shareAdjusted net loss attributable to Pangaea of $2.2 million, or $0.03 per shareAdjusted EBITDA of $14.8 millionTime Charter Equivalent ("TCE") rates earned by Pangaea of $11,390 per dayPangaea's TCE rates exceeded the weighted averag

NEWPORT, R.I., May 5, 2025 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", )), a global provider of comprehensive maritime logistics solutions, today announced that it will issue first quarter 2025 results after the market closes on Monday, May 12, 2025. A conference call will be held the next day, Tuesday May 13, 2025 at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available with the Company'

NEWPORT, R.I., March 13, 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 and year ended December 31, 2024. FOURTH QUARTER 2024 RESULTS Net income attributable to Pangaea Logistics Solutions Ltd. of $8.4 million, or $0.18 per diluted shareAdjusted net income attributable to Pangaea Logistics Solutions Ltd. of $7.6 million, or $0.16 per diluted shareOperating cash flow of $19.3 millionAdjusted EBITDA of $23.2 millionT

NEWPORT, R.I., March 3, 2025 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", )), a global provider of comprehensive maritime logistics solutions, today announced that it will issue fourth quarter and full year 2024 results after the market closes on Thursday, March 13, 2025. A conference call will be held the next day, Friday, March 14, 2025 at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be avai

NEWPORT, R.I., Nov. 12, 2024 /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 September 30, 2024. THIRD QUARTER 2024 RESULTS Net income attributable to Pangaea of $5.1 million, or $0.11 per diluted shareAdjusted net income attributable to Pangaea of $11.1 million, or $0.24 per diluted shareOperating cash flow of $28.5 millionAdjusted EBITDA of $23.9 millionTime Charter Equivalent ("TCE") rates earned by Pangaea of $

NEWPORT, R.I., Nov. 5, 2024 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", )), a global provider of comprehensive maritime logistics solutions, today announced that it will issue third quarter 2024 results after the market closes on Tuesday, November 12, 2024. A conference call will be held the next day, Wednesday, November 13, 2024 at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available wi

NEWPORT, R.I., Sept. 23, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, and M.T. Maritime Management (USA) LLC ("MTM"), managers of a diversified fleet of tankers and dry bulk vessels, today announced a definitive agreement to merge fifteen handy-size dry bulk vessels into Pangaea's 26 vessel supramax, ultramax, panamax and post-panamax fleet.  The handy vessels are currently owned by Strategic Shipping Inc. ("SSI"), a privately held company managed by MTM located in Southport, Connecticut. The fifteen handy-size vessels are valued at approximately $295 million, inclusive of ve

NEWPORT, RI, Aug. 8, 2024 /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 June 30, 2024. SECOND QUARTER 2024 RESULTS Net income attributable to Pangaea of $3.7 million, or $0.08 per diluted shareAdjusted net income attributable to Pangaea of $4.6 million, or $0.10 per diluted share      Operating cash flow of $9.0 millionAdjusted EBITDA of $15.9 millionTime Charter Equivalent ("TCE") rates earned by Pangaea of $16,

NEWPORT, R.I., July 31, 2024 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", ))), a global provider of comprehensive maritime logistics solutions, today announced that it will issue second quarter 2024 results after the market closes on Thursday, August 8, 2024.  A conference call will be held the next day, Friday, August 9, 2024 at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available with t

NEWPORT, R.I., May 9, 2024 /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, 2024. FIRST QUARTER 2024 RESULTS Net income attributable to Pangaea of $11.7 million, or $0.25 per diluted shareAdjusted net income attributable to Pangaea of $6.6 million, or $0.14 per diluted share      Operating cash flow of $9.0 millionAdjusted EBITDA of $19.9 millionTime Charter Equivalent ("TCE") rates earned by Pangaea of $1

NEWPORT, R.I., May 2, 2024 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", ))), a global provider of comprehensive maritime logistics solutions, today announced that it will issue first quarter 2024 results after the market closes on Thursday, May 9, 2024.  A conference call will be held the next day, Friday, May 10, 2024 at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available with the Compa

NEWPORT, R.I., March 13, 2024 /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 and year ended December 31, 2023. FOURTH QUARTER 2023 RESULTS Net income of $1.1 million, or $0.03 per diluted shareAdjusted net income attributable to Pangaea Logistics Solutions Ltd. of $7.4 million, or $0.16 per diluted shareOperating cash flow of $23.9 millionAdjusted EBITDA of $19.7 millionTime Charter Equivalent ("TCE") rates earned by Pa

NEWPORT, R.I., March 8, 2024 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", ))), a global provider of comprehensive maritime logistics solutions, today announced that it will issue fourth quarter and full year 2023 results after the market closes on Wednesday, March 13, 2024.  A conference call will be held the next day, Thursday, March 14, 2024, at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will b

NEWPORT, R.I., Aug. 9, 2023 /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 June 30, 2023. SECOND QUARTER 2023 RESULTS(As compared to the second quarter 2022) Net income attributable to Pangaea of $2.8 million, or $0.06 per diluted shareAdjusted net income attributable to Pangaea of $4.6 million, or $0.10 per diluted shareOperating cash flow of $2.0 million, a decrease of 95% y/yAdjusted EBITDA of $15.9 million, a

NEWPORT, R.I., July 27, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", ))), a global provider of comprehensive maritime logistics solutions, today announced that it will issue second quarter 2023 results after the market closes on Wednesday, August 9, 2023.  A conference call will be held the next day, Thursday, August 10, 2023, at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available w

NEWPORT, R.I., May 10, 2023 /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, 2023. FIRST QUARTER 2023 RESULTS(As compared to the first Quarter 2022) Net income attributable to Pangaea of $3.5 million, or $0.08 per diluted shareAdjusted net income attributable to Pangaea of $5.1 million, or $0.11 per diluted shareOperating cash flow of $11.6 million, a decrease of 64% y/yAdjusted EBITDA of $16.2 million, a

NEWPORT, R.I., May 3, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", ))), a global provider of comprehensive maritime logistics solutions, today announced that it will issue first quarter 2023 results after the market closes on Wednesday, May 10, 2023.  A conference call will be held the next day, Thursday, May 11, 2023, at 8:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available with the

NEWPORT, R.I., March 15, 2023 /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 and year ended December 31, 2022. FOURTH QUARTER 2022 RESULTS(As compared to the Fourth Quarter 2021) Net income of $15.5 million, or $0.34 per diluted share, remained unchanged y/y.Adjusted net income attributable to Pangaea Logistics Solutions Ltd. of $14.3 million, or $0.32 per diluted share, a decline of 43% y/y.Adjusted EBITDA of $26.9 mil

NEWPORT, R.I., March 6, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL, or ", the Company", ))), a global provider of comprehensive maritime logistics solutions, today announced that it will issue fourth quarter and full year 2022 results after the market closes on Wednesday, March 15, 2023.  A conference call will be held the next day, Thursday, March 16, 2023, at 8:30 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will b

NEWPORT, R.I., Nov. 9, 2022 /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 September 30, 2022. THIRD QUARTER 2022 RESULTS (As compared to the Third Quarter 2021) Total revenue decreased 13% year over year to $184.5 million; voyage revenue decreased 7% year over yearNet income attributable to Pangaea of $18.8 million, or $0.42 per diluted share, a decline of 30% y/y -Adjusted net income attributable to Pangaea of $

NEWPORT, R.I., Nov. 2, 2022  /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, today announced that it will issue third quarter 2022 results after the market closes on Wednesday, November 9, 2022.  A conference call will be held the next day, Thursday, November 10, 2022, at 8:30 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. The conference call will be accompanied by presentation materials, which will be available with the Company's Sec

NEWPORT, R.I., Aug. 9, 2022 /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 June 30, 2022. SECOND QUARTER 2022 RESULTS(As compared to the Second Quarter 2021) Total revenue increased 34% year over year to $195.5 million; voyage revenue increased 48% year over yearNet income attributable to Pangaea increased 30% year over year to $25.0 million, or $0.56 per diluted shareAdjusted EBITDA increased 107% year over year

NEWPORT, R.I., July 26, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, today announced that it will release its second quarter 2022 financial results after market hours on Tuesday, August 9, 2022, along with an accompanying presentation that will be available with our Securities and Exchange Commission filing. The company will host a teleconference to discuss the Company's second quarter 2022 financial results, including a question-and-answer session with management, at 8:00 a.m. ET on Wednesday, August 10, 2022. To access the teleconference, please dial 800-343-5172 (domestic)

NEWPORT, R.I., May 10, 2022 /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, 2022.  1st Quarter Highlights Net income attributable to Pangaea Logistics Solutions Ltd. was $20.2 million for the three months ended March 31, 2022, as compared to $5.9 million for the same period of 2021.Non-GAAP adjusted net income attributable to Pangaea Logistics Solutions Ltd. was $15.7 million, as compared to non-GAAP adju

NEWPORT, R.I., May 3, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, today announced that it will release its first quarter 2022 financial results after market hours on Tuesday, May 10, 2022, along with an accompanying presentation that will be available with our Securities and Exchange Commission filing. The company will host a teleconference to discuss the Company's first quarter 2022 financial results, including a question-and-answer session with management, a

NEWPORT, R.I., March 16, 2022 /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 and year ended December 31, 2021. 4th Quarter 2021 Highlights Net income of $15.2 million, as compared to net income of $7.6 million in the same period of 2020. Non-GAAP adjusted net income attributable to Pangaea Logistics Solutions Ltd. of $24.9 million, as compared to $6.2 million for the same period of 2020. Adjusted Earnings per share of

NEWPORT, R.I., March 8, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, today announced that it will release its fourth quarter and full year 2021 financial results after market hours on Wednesday, March 16, 2022, along with an accompanying presentation that will be available with our Securities and Exchange Commission filing. The company will host a teleconference to discuss the Company's fourth quarter and full year 2021 financial results, including a question-a

NEWPORT, R.I., Nov. 9, 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 September 30, 2021. 3rd Quarter Highlights Net income attributable to Pangaea Logistics Solutions Ltd. was $27.0 million for the three months ended September 30, 2021, as compared to $7.6 million for the same period of 2020. Non-GAAP adjusted net income attributable to Pangaea Logistics Solutions Ltd. was $21.7 million, as compared to non-GAAP adjusted net income of $8.1 million for the three months ended September 30, 2020.Diluted net income per share wa

NEWPORT, R.I., Nov. 3, 2021 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, today announced that it will release its third quarter 2021 financial results after market hours on Tuesday, November 9, 2021, along with an accompanying presentation that will be available with our Securities and Exchange Commission filing. The company will host a teleconference to discuss the Company's third quarter 2021 financial results, including a question-and-answer session with management, at 8:00 a.m. ET on Wednesday, November 10, 2021. To access the teleconference, please dial 866-342-8591 (domestic

NEWPORT, R.I., Aug. 10, 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 June 30, 2021. 2nd Quarter Highlights Net income attributable to Pangaea Logistics Solutions Ltd. was $19.2 million for the three months ended June 30, 2021, as compared to a $3.0 million for the same period of 2020. Non-GAAP adjusted net income attributable to Pangaea Logistics Solutions Ltd. was $12.9 million, as compared to Non-GAAP adjusted net income of $3.7 million for the three months ended June 30, 2020.Diluted net income per share was $0.44 for

NEWPORT, R.I., Aug. 4, 2021 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:PANL), a global provider of comprehensive maritime logistics solutions, today announced that it will release its second quarter 2021 financial results after market hours on Tuesday, August 10, 2021, along with an accompanying presentation that will be available with our Securities and Exchange Commission filing. The company will host a teleconference to discuss the Company's second quarter 2021 financial results, including a question-and-answer session with management, at 8:00 a.m. ET on Wednesday, August 11, 2021. To access the teleconference, please dial 877-876-9176 (domestic)

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 n

NEWPORT, R.I., March 15, 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 and year ended December 31, 2020. 4th Quarter 2020 Highlights Net income of $7.6 million, as compared to a net loss of $4.4 million in the same period of 2019. Non-GAAP adjusted net income attributable to Pangaea Logistics Solutions Ltd. of $6.2 million, as compared to $4.4 million for the same period of 2019. Adjusted Earnings per share of $0.14, as compared to $0.10 for the same period of 2019. Pangaea's TCE rates decreased 4% to $14,640 per day for