Reported 2 days ago
Imperial Petroleum Inc (NASDAQ:IMPP) has seen its stock price increase by more than 38.66% following the release of its fiscal second-quarter results for 2025 on September 5. Despite a 22.73% year-over-year revenue decrease to $36.35 million, the company's earnings per share of $0.35 exceeded estimates. Analysts attribute the rise in stock price to better-than-expected results and increased shipping rates, while also noting solid demand from China for dry bulk and energy imports.
Source: YAHOO