Pangaea Logistics Solutions Ltd. (PANL) Social Stream

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$PANL - 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 the three months ended June 30, 2021, as compared to a net income per share of $0.07 for the same period of 2020.
Pangaea's TCE rates were $21,053 for the three months ended June 30, 2021, as compared to $10,733 for the three months ended June 30, 2020.
Adjusted EBITDA was $21.4 million for the three months ended June 30, 2021, as compared to $10.7 million for the same period of 2020.