TDW earnings
Tidewater Inc. (TDW) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Tidewater Reports Results for the Three Months Ended March 31, 2026First Quarter 2026 Highlights Revenue of $326.2 million, a 2.2% decline compared to the first quarter of 2025 Average day rate of $22,283 per day, a decline of $20 per day, or 0.1%, compared to the first quarter of 2025 Net income of $6.1 million and Adjusted EBITDA of $129.3 million Net income and Adjusted EBITDA were adversely impacted by the $3.4 million foreign exchange loss due to the strengthening of the U.S. dollar Net cash provided by operating activities of $19.2 million and free cash flow of $34.4 million Annual Guidance and Share Repurchase Program Reiterating 2026 revenue guidance to $1.43 to $1.48 billion and 2026 gross margin guidance of 49% to 51% pro
- Tidewater Announces Earnings Release and Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending March 31, 2026, on Monday, May 4, 2026 after market close. An earnings conference call has been scheduled for Tuesday, May 5, 2026, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending March 31, 2026. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 8745688 prior to the scheduled start t
- Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2025Full-year 2025 Highlights Revenue of $1,352.8 million, an increase of 0.5% as compared to full-year 2024 Average day rate of $22,573 per day, an increase of 6.1% compared to full-year 2024 Net income of $333.5 million and Adjusted EBITDA of $598.1 million Net income was favorably impacted by the recognition of a non-cash deferred tax benefit of $201.5 million, primarily due to a strategic internal restructuring of our vessel ownership Net cash provided by operating activities of $379.1 million Free cash flow of $426.0 million Share count reduced by 2.5 million shares during the full-year 2025 for $98.2 million at average price of $39.52, including shares repurchased in
- Tidewater Announces Earnings Release and Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three and twelve months ending December 31, 2025, on Monday, March 2, 2026, after market close. An earnings conference call has been scheduled for Tuesday, March 3, 2026, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three and twelve months ending December 31, 2025. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 87456
- Tidewater Announces the All-Cash Acquisition of Wilson Sons Ultratug OffshoreTidewater Inc. (NYSE:TDW) ("Tidewater") today announced that it has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, "WSUT") at an enterprise value of approximately $500 million, including the assumption of WSUT's existing debt (the "Transaction"). Strategic Rationale Strengthens Tidewater's OSV position: WSUT's fleet consists of 22 PSVs; pro forma for the Transaction, Tidewater will own a fleet of 213 OSVs, bringing Tidewater's total global fleet size to 231 vessels, including crew boats, tug boats and maintenance vessels Enhances Tidewater's Brazi
- Tidewater Reports Results for the Nine Months Ended September 30, 2025Third Quarter 2025 Highlights Revenue of $341.1 million, a 0.2% improvement compared to the third quarter of 2024 Average day rate of $22,798 per day, an improvement of $523 per day, or 2.3%, compared to the third quarter of 2024 Net loss of $0.8 million and Adjusted EBITDA of $137.9 million Net Income and Adjusted EBITDA were favorably impacted by the $1.3 million foreign exchange gain due to the weakening of the U.S. dollar Net Income adversely impacted by the $27.1 million loss on early extinguishment of debt associated with July 2025 refinancing Net cash provided by operating activities of $72.1 million and free cash flow of $82.7 million Annual Guidance and Share
- Tidewater Announces Earnings Release and Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending September 30, 2025, on Monday, November 10, 2025 after market close. An earnings conference call has been scheduled for Tuesday, November 11, 2025, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2025. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 8745688 prior to t
- Tidewater Reports Results for the Six Months Ended June 30, 2025Second Quarter 2025 Highlights Revenue of $341.4 million, a 0.6% improvement compared to the second quarter of 2024 Average day rate of $23,166 per day, an improvement of $2,036 per day, or 9.6%, compared to the second quarter of 2024 Net income of $72.9 million and Adjusted EBITDA of $163.0 million Net Income and Adjusted EBITDA were favorably impacted by the $11.7 million foreign exchange gain due to the weakening of the U.S. dollar Net cash provided by operating activities of $85.4 million and free cash flow of $97.5 million Share Repurchase Program and 2025 Guidance Share count was reduced by 1.4 million shares during the second quarter through repurchases of $50.
- Tidewater Announces Earnings Release and Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending June 30, 2025, on Monday, August 4, 2025 after market close. An earnings conference call has been scheduled for Tuesday, August 5, 2025, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2025. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 8745688 prior to the scheduled sta
- Tidewater Reports Results for the Three Months Ended March 31, 2025First Quarter 2025 Highlights Revenue of $333.4 million, a 3.8% improvement compared to the first quarter of 2024 Average day rate of $22,303 per day, an improvement of $2,740 per day, or 14.0%, compared to the first quarter of 2024 Net income of $42.7 million and Adjusted EBITDA of $154.2 million Net Income and Adjusted EBITDA were favorably impacted by the $7.6 million foreign exchange gain due to the weakening of the U.S. dollar Net cash provided by operating activities of $86.0 million and free cash flow of $94.7 million Share Count Reduction and 2025 Guidance Share count was reduced by 2.3 million shares through April 14, 2025 through repurchases of $90.0 million at an
- Tidewater Announces Earnings Release and Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending March 31, 2025, on Monday, May 5, 2025 after market close. An earnings conference call has been scheduled for Tuesday, May 6, 2025, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending March 31, 2025. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 8745688 prior to the scheduled start ti
- Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2024Full-year 2024 Highlights Revenue of $1,345.8 million, a 33.3% increase from 2023 Average day rate increased to $21,273 per day, $4,471, or 26.6%, higher than 2023 Net income of $180.7 million, an increase of $83.5 million, or 85.9%, from 2023 Adjusted EBITDA of $559.6 million, an increase of $172.9 million, or 44.7%, from 2023 Net Income and Adjusted EBITDA adversely impacted by the $15.3 million foreign exchange loss due the strengthening of the U.S. dollar Net cash provided by operating activities of $273.8 million, an increase of $169.1 million, or 161.5%, from 2023 Free cash flow of $331.0 million, an increase of $219.6 million, or 197.1% from 2023 Repurchased
- Tidewater Announces Earnings Release and Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three and twelve months ending December 31, 2024, on Thursday, February 27, 2025 after market close. An earnings conference call has been scheduled for Friday, February 28, 2025, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three and twelve months ending December 31, 2024. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID
- Tidewater Reports Results for the Three and Nine Months Ended September 30, 2024Third Quarter 2024 Highlights Revenue of $340.4 million, an increase of $1.1 million from the prior quarter Average day rate increased to $22,275 per day, $1,145 higher than the prior quarter Net income of $46.4 million and Adjusted EBITDA of $142.6 million Net cash provided by operating activities of $49.1 million and free cash flow of $67.0 million Share Repurchases and 2024 Guidance Repurchased 189,738 shares since the end of the second quarter of 2024 through the end of October for $15.0 million at an average price of $79.06 per share Board approves additional share repurchase authorization of $10.1 million, for a total current outstanding authorized capacity of $42.8 mill
- Tidewater Announces Earnings Release and Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending September 30, 2024, on Thursday, November 7, 2024 after market close. An earnings conference call has been scheduled for Friday, November 8, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2024. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 6513877 prior to the
- Tidewater Reports Results for the Three and Six Months Ended June 30, 2024Second Quarter 2024 Highlights Revenue of $339.2 million, an increase of $18.1 million, or 5.6%, from the first quarter of 2024 Average day rate increased to $21,130 per day, $1,567 higher than the first quarter of 2024 Composite leading edge term contract average day rate of $28,754 > 900m2 PSV - leading edge term contract average day rate improved 8% to $35,172 700 - 900m2 PSV - leading edge term contract average day rate improved 9% to $28,026 > 16K BHP AHTS - leading edge term contract average day rate improved 13% to $48,615 8 - 12K BHP AHTS - leading edge term contract average day rate improved 8% to $25,175 Net income of $50.4 million, an increase of $3.3 mi
- Tidewater Announces Earnings Release and Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending June 30, 2024, on Tuesday, August 6, 2024 after market close. An earnings conference call has been scheduled for Wednesday, August 7, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2024. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 1488572 prior to the scheduled
- Tidewater Reports Results for the Three Months Ended March 31, 2024First Quarter 2024 Highlights Revenue of $321.2 million, an increase of $18.5 million, or 6.1%, from the fourth quarter of 2023 Average day rate increased to $19,563 per day, $1,497 higher than the fourth quarter of 2023 Composite leading edge term contract day rate increased to $30,641 Net income of $47.0 million, an increase of $9.4 million from the fourth quarter of 2023 Adjusted EBITDA of $139.0 million, an increase of $7.7 million from the fourth quarter of 2023 Net cash provided by operating activities of $54.8 million, an increase of $7.5 million from the fourth quarter of 2023 Free cash flow of $69.4 million, an increase of $8.4 million from the fourth quarter o
- Tidewater Announces Earnings Release and Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending March 31, 2024, on Thursday, May 2, 2024 after market close. An earnings conference call has been scheduled for Friday, May 3, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending March 31, 2024. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 6663124 prior to the scheduled start
- Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2023Full-Year 2023 Highlights Revenue of $1,010.0 million, a 55.9% increase from 2022 Average day rate increased to $16,802 per day, $4,048 higher than 2022 Net income of $97.2 million, an increase of $118.9 million from 2022 Adjusted EBITDA of $386.7 million, an increase of $220.0 million from 2022 Net cash provided by operating activities of $104.7 million, an increase of $64.5 million from 2022 Free cash flow of $111.3 million, an increase of $60.8 million from 2022 Completed acquisition and financing of 37 PSVs from Solstad Offshore Fourth Quarter 2023 Highlights Revenue of $302.7 million, highest quarterly revenue in eight years Average day rate increased to
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Friday, March 1, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three and twelve months ending December 31, 2023. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 6663124 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website
- Tidewater Reports Results for the Three and Nine Months Ended September 30, 2023Third Quarter 2023 Highlights Revenue of $299.3 million, a 39.2% increase from the second quarter of 2023 Average day rate increased to $17,865 per day, $1,823 higher than the second quarter of 2023 Composite leading edge term contract day rate up 21.7% to $28,609 Net income of $26.2 million, an increase of $3.6 million from the second quarter of 2023 Adjusted EBITDA of $117.2 million, an increase of $45.2 million from the second quarter of 2023 Completed integration of 32 of the 37 recently acquired PSVs from Solstad Offshore Initiating 2024 revenue guidance of $1.40 to $1.45 billion and 2024 gross margin guidance of 52% Announcing share repurchase authorization for
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Tuesday, November 7, 2023, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2023. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.770.7135 if calling from the U.S. or Canada (+1.929.203.0820 if calling from outside the U.S.) and provide Conference ID: 2444624 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at in
- Tidewater Reports Results for the Three and Six Months Ended June 30, 2023Second Quarter 2023 Highlights Revenue of $215.0 million, an 11.3% increase from the first quarter of 2023 Average day rate increased to $16,042 per day, $1,418 higher than the first quarter of 2023 Net income of $22.6 million, an increase of nearly $12.0 million from the first quarter of 2023 Adjusted EBITDA of $72.0 million, an increase of $12.9 million from the first quarter of 2023 Composite Q2 2023 leading-edge term contract day rate up 10.9% to $23,498 Completed Solstad acquisition on July 5, 2023; 5 vessels fully integrated, full-fleet integration by Q4 2023 Received $111.5 million of cash from the exercise of 1.9 million Series A and Series B warrants in August
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Tuesday, August 8, 2023, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2023. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.770.7135 if calling from the U.S. or Canada (+1.929.203.0820 if calling from outside the U.S.) and provide Conference ID: 2444624 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at investor.
- Tidewater Reports Results for the Three Months Ended March 31, 2023First Quarter 2023 Highlights Revenue of $193.1 million; Highest quarterly revenue since fourth quarter of 2015; an 83% increase over the first quarter of 2022 Highest quarterly global average day rate since third quarter of 2015 Net income of $10.7 million, or $0.21 per share Adjusted EBITDA of $59.1 million; Highest quarterly EBITDA since third quarter of 2015 Quarter-end net debt balance of $4.3 million Tidewater Inc. (NYSE:TDW) announced today revenue for the three months ended March 31, 2023 of $193.1 million compared with $105.7 million for the three months ended March 31, 2022. Tidewater's net income for the three months ended March 31, 2023, were $10.7 million ($0.
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Tuesday, May 9, 2023, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending March 31, 2023. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.770.7135 if calling from the U.S. or Canada (+1.929.203.0820 if calling from outside the U.S.) and provide Conference ID: 2444624 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at investor.td
- Tidewater Announces the Acquisition of 37 Platform Supply Vessels from Solstad OffshoreTidewater Inc. (NYSE:TDW) (the "Company") today announced a definitive agreement to purchase 37 of Solstad Offshore ASA's ("SOFF") platform supply vessels ("PSV") for $577 million (the "Transaction"). Strategic Rationale Solidifies Tidewater as the leading high-specification PSV operator: The addition of 37 PSVs makes Tidewater the largest owner and operator of high-specification PSVs, which is the OSV vessel class that has demonstrated the highest utilization through all market cycles Enhances Tidewater's position as the leading global OSV operator with a world-class fleet: Tidewater's total fleet of 228 vessels is among the youngest in the world, and features a modern fleet of 199 PS
- Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2022Full-Year 2023 Guidance Forecasted revenue for 2023 of approximately $900 million, an increase of 39.0% compared to full-year 2022 revenue of $647.7 million Forecasted 2023 vessel operating margin of approximately 50.0%, an increase of 11.9 percentage points compared to full-year 2022 vessel operating margin of 38.1% Full-Year 2022 Highlights Revenue of $647.7 million, an increase of 74.6% compared to full-year 2021 revenue of $371.0 million Vessel operating margin of 38.1%, an increase of 10.5 percentage points compared to full-year 2021 vessel operating margin of 27.6% Operating income of $26.7 million, an increase of 128.1% compared to full-year 2021 operating loss of $95.0 m
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Tuesday, February 28, 2023, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending December 31, 2022. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.770.7135 if calling from the U.S. or Canada (+1.929.203.0820 if calling from outside the U.S.) and provide Conference ID: 2444624 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at inv
- Tidewater Reports Results for the Three and Nine Months Ended September 30, 2022Reported positive net income for the first quarterly period since 2017 Revenue of $191.8 million increased 17% compared to the second quarter of 2022 Vessel level cash margin of 40.6% compared to 38.2% in the second quarter of 2022 Adjusted EBITDA of $52.1 million compared to $39.1 million in the second quarter of 2022 Free cash flow of $21.9 million compared to negative $14.9 million in the second quarter of 2022 Total fleet utilization of 77.8% compared to 75.5% in the second quarter of 2022 Active fleet utilization of 83.7% compared to 82.5% in the second quarter of 2022 Average active vessels of 181 compared to 172 in the second quarter of 2022 Tidewater Inc. (NYSE:TDW)
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Friday, November 4, 2022, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2022. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.770.7135 if calling from the U.S. or Canada (+1.929.203.0820 if calling from outside the U.S.) and provide Conference ID: 2444624 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at inve
- Tidewater Reports Results for the Three and Six Months Ended June 30, 2022Completed Acquisition of Swire Pacific Offshore Adjusted EBITDA Increased From $8.7 million to $39.1 million Compared to the Second Quarter of 2021 Average Day Rate Increases to $12,544; Up 17% sequentially; Highest since Q3 2016 Vessel Level Cash Margin Increased From 27.4% to 38.2% and Global Fleet Utilization Increased From 57.0% to 75.5% Compared to the Second Quarter of 2021 Average Active Vessels Increased From 118 to 172 Compared to the Second Quarter of 2021, Inclusive of the Swire Pacific Offshore Fleet Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2022 of $163.4 million and $269.2 million, respectively, compared with $90.0
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Friday, August 5, 2022, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2022. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.770.7135 if calling from the U.S. or Canada (+1.929.203.0820 if calling from outside the U.S.) and provide Conference ID: 2444624 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at investor.td
- Tidewater Reports Results for the Three Months Ended March 31, 2022Average Active Fleet Increases by 6 Vessels During the Quarter and Active Utilization Remains Strong at 82.5% Average Day Rate Increases to $10,687; Highest Since Q4 2020 Vessel Level Gross Margin Increased From 24.7% to 34.0% and Global Fleet Utilization Increased From 52.9% to 70.9% Compared to the First Quarter of 2021 Following the Acquisition of Swire Pacific Offshore, Tidewater Now Operates the Premier Global Fleet Poised to Capitalize on the Significant Increase in Demand for High Quality Offshore Vessels Tidewater Inc. (NYSE:TDW) announced today revenue for the three months ended March 31, 2022 of $105.7 million compared with $83.5 million for the three months ended March 31, 20
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Tuesday, May 10, 2022, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending March 31, 2022. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.770.7135 if calling from the U.S. or Canada (+1.929.203.0820 if calling from outside the U.S.) and provide Conference ID: 2444624 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at investor.td
- Tidewater Reports Results for the Three and Twelve Months Ending December 31, 2021Tidewater Inc. (NYSE:TDW) announced today revenue for the three and twelve months ending December 31, 2021, of $105.2 million and $371.0 million, respectively, compared with $91.9 million and $397.0 million, respectively, for the three and twelve months ending December 31, 2020. Tidewater's net losses for the three and twelve months ending December 31, 2021, were $37.9 million ($0.92 per share) and $129.0 million ($3.14 per share), respectively, compared with $29.2 million ($0.72 per share) and $196.2 million ($4.86 per share), respectively, for the three and twelve months ending December 31, 2020. Included in the net losses for the three and twelve months ending December 31, 2021 were impa
- Tidewater Announces the Acquisition of Swire Pacific Offshore, Creating World's Leading OSV OperatorTidewater Inc. (NYSE:TDW) (the "Company") today announced a definitive agreement to acquire all of the outstanding shares of Swire Pacific Offshore Holdings Limited ("SPO"), a subsidiary of Swire Pacific Limited (HKSE: 0019.HK and 0087.HK), for approximately $190 million (the "Transaction"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220308006419/en/ Strategic Rationale Creates industry's largest fleet of OSVs: SPO's fleet of 50 OSVs consists of 29 AHTS vessels and 21 PSVs; pro forma for the Transaction, Tidewater will own a fleet of 174 OSVs, bringing Tidewater's total fleet size to 203 vessels, including crew boats, tug b
- Tidewater Reports Results for the Three and Nine Months Ended September 30, 2021Tidewater Inc. (NYSE:TDW) announced today revenue for the three and nine months ended September 30, 2021 of $92.4 million and $265.9 million, respectively, compared with $86.5 million and $305.2 million, respectively, for the three and nine months ended September 30, 2020. Tidewater's net losses for the three and nine months ended September 30, 2021, were $26.3 million ($0.64 per common share) and $91.0 million ($2.22 per common share), respectively, compared with $37.9 million ($0.94 per common share) and $167.0 million ($4.15 per common share) for the three and nine months ended September 30, 2020. Included in the net losses for the three and nine months ended September 30, 2021 were long
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Wednesday, November 10, 2021, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2021. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.771.4371 if calling from the U.S. or Canada (+1.847.585.4405 if calling from outside the U.S.) and asking for the "Tidewater" call just prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's websi
- Tidewater Reports Results for the Three and Six Months Ended June 30, 2021Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2021 of $90.0 million and $173.5 million, respectively, compared with $102.3 million and $218.7 million, respectively, for the three and six months ended June 30, 2020. Tidewater's net losses for the three and six months ended June 30, 2021, were $29.5 million ($0.72 per common share) and $64.8 million ($1.59 per common share), respectively, compared with $110.6 million ($2.74 per common share) and $129.1 million ($3.21 per common share) for the three and six months ended June 30, 2020. Included in the net losses for the three and six months ended June 30, 2021 were severance expenses of $0.8 and $
- Tidewater Announces Earnings Conference CallTidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today an earnings conference call has been scheduled for Tuesday, August 10, 2021, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2021. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.771.4371 if calling from the U.S. or Canada (+1.847.585.4405 if calling from outside the U.S.) and asking for the "Tidewater" call just prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at inv