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Press Release: Toro Corp. Reports Net Income of -3

Set forth below are selected financial and operational data of our fleet (continuing operations) for each of the three months and six months ended June 30, 2026 and 2025, respectively, that we believe are useful in analyzing trends in our results of operations. Three Months Ended Six Months Ended June 30, June 30, -------------------- -------------------- (Expressed in U.S. dollars except for operational data) 2026 2025 2026 2025 Ownership Days(1)(7) 364 377 724 827 Available Days(2)(7) 364 335 724 781 Operating Days(3)(7) 364 335 724 781 Daily TCE Rate(4) $ 17,145 $ 11,492 $ 16,342 $ 11,485 Fleet Utilization(5) (7) 100% 100% 100% 100% Daily vessel operating expenses(6) $ 6,550 $ 5,243 $ 6,515 $ 5,500 (1) Ownership Days are the total number of calendar days in a period during which we owned a vessel. (2) Available Days are the Ownership Days in a period less the aggregate number of days our vessels are off-hire due to scheduled repairs, dry-dockings or special or intermediate surveys. (3).

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01:06:59 PM UTC
SquawkNews
LIMASSOL, Cyprus, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Toro Corp. NASDAQ:TORO, (“Toro”, or the “Company”), a global energy transportation provider, today announced its results for the three months and the six months ended June 30, 2026.Highlights of the Second Quarter Ended June 30, 2026:Highlights of…