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

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) is one of the Best Micro-Cap Stocks to Invest in According to Analysts.

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

In earnings for the third quarter of 2025, Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) posted earnings per share of $0.17, beating estimates by $0.14. The revenue over the period was in excess of $168 million, up 10.2% year-on-year and beating expectations by $9.35 million. The company also announced a quarterly dividend of $0.05 per share on November 7 and paid $3.2 million to shareholders through dividends in Q3.

In mid-September, the firm announced that Mark Filanowski would retire as the CEO and step down from the Board of Directors early next year, following eleven years with the company. Mads Petersen, the COO of the firm, has been appointed to succeed Filanowski. Petersen joined the company in 2009 when he established Nordic Bulk Carriers in partnership with Pangaea. He has overseen Pangaea’s commercial, operational, and technical functions since 2022.

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) provides seaborne dry bulk logistics and transportation services to industrial customers worldwide.

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