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Toro Corp. Reports Net Income of $1.6 Million for the Three Months Ended March 31, 2025
Globenewswire· 2025-07-17 13:00
LIMASSOL, Cyprus, July 17, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), a global energy transportation provider, today announced its results for the three months ended March 31, 2025. Highlights of the First Quarter Ended March 31, 2025: Total vessel revenues from continuing operations: $5.5 million, as compared to $6.4 million for the three months ended March 31, 2024, or a 14.1% decrease; Net income from continuing operations: $1.5 million, as compared to $2.4 million fo ...