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Stock impact report

Imperial Petroleum Inc (IMPP) Q3 2025 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]

Imperial Petroleum Inc. - Common Shares (IMPP) 
Company Research Source: Yahoo! Finance
Imperial Petroleum Inc ( NASDAQ:IMPP ) reported a 25% increase in revenues for Q3 2025 compared to the same period last year, reaching $41.4 million. The company's operating income increased by 72% compared to Q3 2024, and 23% compared to Q2 2025, reflecting strong performance. Fleet expansion with the integration of seven new drybulk ships led to a 36.1% increase in fleet calendar days and improved operational utilization to 89%. The company maintains a debt-free balance sheet, providing financial flexibility and stability. Imperial Petroleum Inc ( NASDAQ:IMPP ) successfully raised $60 million through a registered direct equity offering to institutional investors, aimed at further fleet expansion. Net income for Q3 2025 was slightly lower than Q2 2025 due to income decline from time deposits and minor foreign exchange losses. Cash reserves decreased to $100 million due to a $129 million payment for the acquisition of seven drybulk ships. The company faces significant u Show less Read more
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