DNB Markets initiated coverage on Tidewater with a new price target

Full-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 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

Third 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

Evercore ISI downgraded Tidewater from Outperform to In-line and set a new price target of $68.00 from $112.00 previously

DNB Markets initiated coverage of Tidewater with a rating of Buy and set a new price target of $70.00

Raymond James downgraded Tidewater from Strong Buy to Outperform and set a new price target of $102.00 from $131.00 previously

4 - TIDEWATER INC (0000098222) (Issuer)

4 - TIDEWATER INC (0000098222) (Issuer)

4 - TIDEWATER INC (0000098222) (Issuer)

4 - TIDEWATER INC (0000098222) (Issuer)

4 - TIDEWATER INC (0000098222) (Issuer)

4 - TIDEWATER INC (0000098222) (Issuer)

8-K - TIDEWATER INC (0000098222) (Filer)

10-K - TIDEWATER INC (0000098222) (Filer)

10-Q - TIDEWATER INC (0000098222) (Filer)

NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S

Reduces Board Size from Nine to Five Members and Appoints New Directors Strong Leadership and Governance Committed to Building Sustainable Shareholder Value Edgio, Inc. (NASDAQ:EGIO) (the "Company"), the platform of choice for speed, security, and simplicity at the edge, today announced that it has reconstituted its Board of Directors. The now five-member Board includes three newly appointed, highly qualified directors: Ken Traub, Frank Verdecanna and Mio Babic. Ken Traub has also been named as Chairman of the Board. These additions enrich the Board with diverse global expertise in corporate governance, cybersecurity, digital media, and strategic growth. Simultaneously, seven existing

DENVER, Nov. 17, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited ((ASX: ARR, OTCQX:AMRRY, OTCQB:ARRNF) (ARR or the Company) announces the retirement of long-serving Chairman of the board, Mr. Francis Creagh O'Connor effective at the Annual General Meeting which took place on November 16, 2023. Mr. Kenneth ‘Ken' Traub, who joined the Board on August 18, 2023, has become Chairman effective immediately after Mr. O'Connor's retirement. "On behalf of the board, I want to extend our sincere appreciation to Creagh for his visionary leadership, his unwavering support, and his contributions to the Company during the past 13 years," said Ken Traub, incoming Chairman of the board. "We wish him

Full-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 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

Third 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

SC 13G/A - TIDEWATER INC (0000098222) (Subject)

SC 13G - TIDEWATER INC (0000098222) (Subject)

SC 13G/A - TIDEWATER INC (0000098222) (Subject)