Icon Energy Corp. Reports Q1 2025 Results: Revenue Rises to $1.52M, Net Loss of $2.98M, EPS Drops to $(4.73)

Reuters
07-04
<a href="https://laohu8.com/S/ICON">Icon Energy Corp.</a> Reports Q1 2025 Results: Revenue Rises to $1.52M, Net Loss of $2.98M, EPS Drops to $(4.73)

Icon Energy Corp. has released its unaudited interim financial results for the three-month period ending March 31, 2025. The company reported a revenue of $1.525 million, marking an increase from $1.360 million in the same period the previous year. However, the company recorded a net loss of $2.977 million for the period, a significant deviation from the net income of $430,000 reported in the first quarter of 2024. Icon Energy Corp., incorporated in 2023, provides seaborne transportation services for dry bulk cargoes globally. The company operates a fleet of oceangoing vessels, chartering them to dry bulk operators, commodity traders, and end users. As of March 31, 2025, Icon Energy owns several vessels, although specific details on the fleet size or any changes in the business operations were not provided in the latest financial statement. There was no specific outlook or guidance for future periods included in this release.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Icon Energy Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-024868), on July 03, 2025, and is solely responsible for the information contained therein.

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