SC 13D/A - TORO CORP. (0001941131) (Subject)

LIMASSOL, Cyprus, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the nine months ended September 30, 2024. Highlights of the Third Quarter Ended September 30, 2024: Total vessel revenues from continuing operations: $5.3 million, as compared to $6.5 million for the three months ended September 30, 2023, or a 18.5% decrease;Net income from continuing operations: $1.0 million, as compared to $0.2 million for the three months ended September 30, 2023, or a 400.0% increase;Net income: $1.0 million, as compared to $35.1 million for the three mon

LIMASSOL, Cyprus, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announces that the Company's 2024 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 6, 2024, at 5:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. At the Meeting, the following proposals were approved and adopted: The re-election of Mr. Petros Zavakopoulos to serve as the Company's Class A Director until the 2027 Annual General Meeting of Shareholders; The appointment of Deloitte Certified Public Accountants S.A., as the Company's inde

LIMASSOL, Cyprus, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the six months ended June 30, 2024. Highlights of the Second Quarter Ended June 30, 2024: Total vessel revenues: $5.5 million, as compared to $24.9 million for the three months ended June 30, 2023, or a 77.9% decrease;Net income: $1.1 million, as compared to $55.4 million for the three months ended June 30, 2023, or a 98.0% decrease;Earnings per common share, basic: $0.001 per share, as compared to $3.34 per share for the three months ended June 30, 2023;EBITDA(1): $0.2 milli

LIMASSOL, Cyprus, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announced today that its Board of Directors (the "Board") has scheduled the Company's 2024 Annual General Meeting of Shareholders (the "Meeting") to be held on September 6, 2024, at 5:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. The Board has fixed a record date of July 8, 2024 (the "Record Date") for the determination of the shareholders entitled to receive notice of and to vote at the Meeting or any adjournment thereof. The Company's Notice of the Meeting and P

LIMASSOL, Cyprus, May 10, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months ended March 31, 2024. Highlights of the First quarter Ended March 31, 2024: Total vessel revenues: $7.0 million, as compared to $31.2 million for the three months ended March 31, 2023, or a 77.6% decrease;Net income: $22.1 million, as compared to $22.0 million for the three months ended March 31, 2023, or a 0.5% increase;Earnings per common share, basic: $1.11 per share, as compared to $2.29 per share for the three months ended March 31, 2023;EBITDA(1): $21.4 million, as c

LIMASSOL, Cyprus, March 13, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro" or the "Company"), an international energy transportation services company, announces that the Company's annual report on Form 20‐F (the "Annual Report"), which contains the Company's audited consolidated financial statements for the fiscal year ended December 31, 2023, was filed with the U.S. Securities and Exchange Commission (the "SEC"). The Annual Report is now accessible on the SEC website at http://www.sec.gov and on the Company's website at http://www.torocorp.com, in the "Investors" section under "Annual reports". Shareholders may receive a hard copy of the Annual Report free of charge

LIMASSOL, Cyprus, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the year ended December 31, 2023. Highlights of the Fourth quarter Ended December 31, 2023: Total vessel revenues: $11.9 million, as compared to $38.0 million for the three months ended December 31, 2022, or a 68.7% decrease;Net income: $28.2 million, as compared to $25.1 million for the three months ended December 31, 2022, or a 12.4% increase;Earnings (basic) per common share: $1.41 per share, as compared to $2.65 per share for the three months ended December 31, 2022;E

LIMASSOL, Cyprus, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announces that on January 24, 2024, it completed the previously announced sale of the M/T Wonder Sirius, a 2005-built Aframax/LR2 tanker, for a price of $33.8 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $20.9 million from the above-mentioned sale, excluding any transaction-related costs during the first quarter of 2024. About Toro Corp. Toro Corp. is an international energy transportation services company with a fleet of tankers and LPG carriers that carry crude

LIMASSOL, Cyprus, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announces that on January 8, 2024, the Company entered into an agreement with an unaffiliated third-party for the sale of the M/T Wonder Sirius, a 2005-built Aframax/LR2 tanker, for a price of $33.8 million. The vessel is expected to be delivered to its new owner during the first quarter of 2024. The Company expects to record during the first quarter of 2024 a net gain of approximately $20.9 million from the above-mentioned sale, excluding any transaction-related costs. About Toro Corp. Toro Corp. is an international energy tra

LIMASSOL, Cyprus, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company"), an international energy transportation services company, announces that on December 21, 2023, the Company completed the previously announced sale of the M/T Wonder Vega, a 2005-built Aframax tanker, at a price of $31.5 million, by delivering the vessel to its new owner. The Company expects to record a net gain on the above-mentioned sale of approximately $17.7 million, excluding any transaction-related costs during the fourth quarter of 2023. About Toro Corp. Toro Corp. is an international energy transportation services company with a fleet of tankers and LPG carriers that carry crud

LIMASSOL, Cyprus, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the nine months ended September 30, 2024. Highlights of the Third Quarter Ended September 30, 2024: Total vessel revenues from continuing operations: $5.3 million, as compared to $6.5 million for the three months ended September 30, 2023, or a 18.5% decrease;Net income from continuing operations: $1.0 million, as compared to $0.2 million for the three months ended September 30, 2023, or a 400.0% increase;Net income: $1.0 million, as compared to $35.1 million for the three mon

LIMASSOL, Cyprus, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the six months ended June 30, 2024. Highlights of the Second Quarter Ended June 30, 2024: Total vessel revenues: $5.5 million, as compared to $24.9 million for the three months ended June 30, 2023, or a 77.9% decrease;Net income: $1.1 million, as compared to $55.4 million for the three months ended June 30, 2023, or a 98.0% decrease;Earnings per common share, basic: $0.001 per share, as compared to $3.34 per share for the three months ended June 30, 2023;EBITDA(1): $0.2 milli

LIMASSOL, Cyprus, May 10, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months ended March 31, 2024. Highlights of the First quarter Ended March 31, 2024: Total vessel revenues: $7.0 million, as compared to $31.2 million for the three months ended March 31, 2023, or a 77.6% decrease;Net income: $22.1 million, as compared to $22.0 million for the three months ended March 31, 2023, or a 0.5% increase;Earnings per common share, basic: $1.11 per share, as compared to $2.29 per share for the three months ended March 31, 2023;EBITDA(1): $21.4 million, as c

LIMASSOL, Cyprus, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the year ended December 31, 2023. Highlights of the Fourth quarter Ended December 31, 2023: Total vessel revenues: $11.9 million, as compared to $38.0 million for the three months ended December 31, 2022, or a 68.7% decrease;Net income: $28.2 million, as compared to $25.1 million for the three months ended December 31, 2022, or a 12.4% increase;Earnings (basic) per common share: $1.41 per share, as compared to $2.65 per share for the three months ended December 31, 2022;E

LIMASSOL, Cyprus, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announces that on January 8, 2024, the Company entered into an agreement with an unaffiliated third-party for the sale of the M/T Wonder Sirius, a 2005-built Aframax/LR2 tanker, for a price of $33.8 million. The vessel is expected to be delivered to its new owner during the first quarter of 2024. The Company expects to record during the first quarter of 2024 a net gain of approximately $20.9 million from the above-mentioned sale, excluding any transaction-related costs. About Toro Corp. Toro Corp. is an international energy tra

LIMASSOL, Cyprus, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the nine months ended September 30, 2023. Highlights of the Third Quarter Ended September 30, 2023: Total vessel revenues: $10.5 million, as compared to $31.3 million for the three months ended September 30, 2022, or a 66.5% decrease;Net income: $35.1 million, as compared to $18.2 million for the three months ended September 30, 2022, or a 92.9% increase;Earnings (basic) per common share: $1.89 per share, as compared to $1.92 per share for the three months ended September

LIMASSOL, Cyprus, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company"), an international energy transportation services company, announces that on September 1, 2023 and September 5, 2023 respectively, the Company entered into two separate agreements with two different unaffiliated third-parties for the sale of the (i) M/T Wonder Formosa, a 2006-built Handysize MR tanker, at a price of $18.0 million, and (ii) M/T Wonder Vega, a 2005-built Aframax tanker, at a price of $31.5 million. Both vessels are expected to be delivered to their new owners during the fourth quarter of 2023. The Company expects to record during the fourth quarter of 2023 (i) a net gain

LIMASSOL, Cyprus, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the six months ended June 30, 2023. Highlights of the Second Quarter Ended June 30, 2023: Total vessel revenues: $24.9 million, as compared to $25.8 million for the three months ended June 30, 2022, or a 3.5% decrease;Net income: $55.4 million, as compared to $5.4 million for the three months ended June 30, 2022, or a 925.9% increase;Earnings (basic) per common share: $3.34 per share, as compared to $0.57 per share for the three months ended June 30, 2022;EBITDA(1): $

LIMASSOL, Cyprus, June 27, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announces that on June 15, 2023, the Company entered into an agreement with an unaffiliated third-party for the sale of the M/T Wonder Musica, a 2004-built Aframax/LR2 tanker, at a price of $28.0 million. The conclusion of the sale agreement is subject to the execution of definitive documentation customary for this type of transaction. The vessel is expected to be delivered to its new owner during the third quarter of 2023. The Company expects to record during the third quarter of 2023 a net gain on the sale of the M/T Wonder Musi

LIMASSOL, Cyprus, May 23, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months ended March 31, 2023. Highlights of the First Quarter Ended March 31, 2023: Total vessel revenues: $31.2 million, as compared to $16.8 million for the three months ended March 31, 2022, or a 85.7% increase;Net income: $22.0 million, as compared to $1.2 million for the three months ended March 31, 2022, or a 1,733.3% increase;Earnings (basic) per common share: $2.29 per share, as compared to $0.13 per share for the three months ended March 31, 2022;EBITDA (1): $24.1 million, as

6-K - TORO CORP. (0001941131) (Filer)

6-K - TORO CORP. (0001941131) (Filer)

6-K - TORO CORP. (0001941131) (Filer)

6-K - TORO CORP. (0001941131) (Filer)

6-K - TORO CORP. (0001941131) (Filer)

6-K - TORO CORP. (0001941131) (Filer)

6-K - TORO CORP. (0001941131) (Filer)

6-K - TORO CORP. (0001941131) (Filer)

20-F - TORO CORP. (0001941131) (Filer)

LIMASSOL, Cyprus, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announces that the Company's 2024 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 6, 2024, at 5:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. At the Meeting, the following proposals were approved and adopted: The re-election of Mr. Petros Zavakopoulos to serve as the Company's Class A Director until the 2027 Annual General Meeting of Shareholders; The appointment of Deloitte Certified Public Accountants S.A., as the Company's inde

Toro (NASDAQ:TORO) reported quarterly earnings of $0.56 per share. This is a 9.68 percent decrease over earnings of $0.62 per share from the same period last year. The company reported $11.92 million in sales this quarter. This is a 68.64 percent decrease over sales of $38.03 million the same period last year.

Gainers Aqua Metals (NASDAQ:AQMS) shares increased by 9.4% to $0.66 during Tuesday's after-market session. The market value of their outstanding shares is at $71.2 million. Northann (AMEX:NCL) stock increased by 6.86% to $1.09. The market value of their outstanding shares is at $23.3 million. TuSimple Hldgs (NASDAQ:TSP) shares rose 4.07% to $0.3. The company's market cap stands at $69.3 million. Agrify (NASDAQ:AGFY) stock rose 3.51% to $0.68. The company's market cap stands at $4.6 million. C3is (NASDAQ:CISS) shares moved upwards by 3.12% to $0.17. The company's market cap stands at $4.6 million. Knightscope (NASDAQ:KSCP) shares moved upwards by 2.48% to $0.59. The market value of thei

Gainers Agrify (NASDAQ:AGFY) shares increased by 60.6% to $0.81 during Tuesday's pre-market session. The market value of their outstanding shares is at $5.5 million. C3is (NASDAQ:CISS) shares rose 24.35% to $0.17. The company's market cap stands at $4.7 million. Mega Matrix (AMEX:MPU) shares rose 12.04% to $3.72. The company's market cap stands at $133.3 million. AERWINS Technologies (NASDAQ:AWIN) shares increased by 11.59% to $0.11. The market value of their outstanding shares is at $6.9 million. Greenwave Tech Solns (NASDAQ:GWAV) stock rose 9.98% to $0.88. The company's market cap stands at $14.5 million. Innodata (NASDAQ:INOD) stock moved upwards by 6.57% to $11.51. The market value

Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announces that on January 8, 2024, the Company entered into an agreement with an unaffiliated third-party for the sale of the M/T Wonder Sirius, a 2005-built Aframax/LR2 tanker, for a price of $33.8 million. The vessel is expected to be delivered to its new owner during the first quarter of 2024. The Company expects to record during the first quarter of 2024 a net gain of approximately $20.9 million from the above-mentioned sale, excluding any transaction-related costs.

Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company"), an international energy transportation services company, announces that on December 21, 2023, the Company completed the previously announced sale of the M/T Wonder Vega, a 2005-built Aframax tanker, at a price of $31.5 million, by delivering the vessel to its new owner. The Company expects to record a net gain on the above-mentioned sale of approximately $17.7 million, excluding any transaction-related costs during the fourth quarter of 2023.

The U.S. stock rally faces the risk of stalling, as index futures point to a lower opening on Wednesday. The Dow Industrials and the Nasdaq Composite have seen gains for nine consecutive sessions, with the latter reaching a record high. As the Santa Claus rally period begins on Friday, there is a possibility of some consolidation or a modest pullback. Negative earnings from FedEx Corp. (NYSE:FDX) could serve as a trigger. Traders will closely monitor existing home sales and consumer confidence readings to confirm the soft-landing scenario they have begun anticipating. Bond yields remain contained, providing a reason for traders to maintain their investments in stocks. Cues From Wednesd

The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the industrials sector: Toro (NASDAQ:TORO) - P/E: 0.66 United Airlines Holdings (NASDAQ:UAL) - P/E: 4.76 PROG Holdings (NYSE:PRG) - P/E: 9.09 Titan Intl (NYSE:TWI) - P/E: 7.04 CNH Industrial (NYSE:CNHI) - P/E: 6.35 Toro saw a decrease in earnings per share from 0.92 in Q2 to $0.79 now. United Airlines Holdings has reported Q3 earnings p

Gainers ShiftPixy (NASDAQ:PIXY) shares moved upwards by 7.4% to $9.28 during Thursday's after-market session. The market value of their outstanding shares is at $5.2 million. Air Industries (AMEX:AIRI) stock rose 5.05% to $3.12. The market value of their outstanding shares is at $10.2 million. As per the press release, Q3 earnings came out yesterday. TPI Composites (NASDAQ:TPIC) shares moved upwards by 4.68% to $2.46. The market value of their outstanding shares is at $104.7 million. JanOne (NASDAQ:JAN) shares rose 4.48% to $0.49. The company's market cap stands at $2.4 million. Advent Technologies Hldgs (NASDAQ:ADN) shares increased by 3.54% to $0.33. The company's market cap stands at

Toro (NASDAQ:TORO) reported quarterly earnings of $0.79 per share. This is a 54.9 percent increase over earnings of $0.51 per share from the same period last year. The company reported $10.53 million in sales this quarter. This is a 66.30 percent decrease over sales of $31.25 million the same period last year.