Castor Maritime Reports Q3 2025 Financial Results with Significant Net Income Growth
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Castor Maritime reported Q3 2025 financial results with a significant net income growth of 650% to $21.0 million. However, net income for the nine-month period decreased by 91.7% to $4.0 million. The company experienced a decrease in total vessel revenues due to fewer available days following vessel sales, partially offset by higher charter rates. Castor Maritime completed four vessel disposals and repaid a term loan. Analysts rate CTRM stock as Hold with a $2.00 price target, while TipRanks' AI Analyst rates it Neutral with a score of 46.
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