Tidewater (TDW) Misses Q3 EPS by 13c

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Go back to Tidewater (TDW) Misses Q3 EPS by 13c

Tidewater Reports Third Quarter Results For Fiscal 2016

February 2, 2016 5:44 PM EST

NEW ORLEANS, Feb. 2, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today a third quarter net loss for the period ended December 31, 2015, of $19.5 million, or $0.42 per common share, on revenues of $218.2 million. For the same quarter last year, net loss was $160.7 million, or $3.31 per common share, on revenues of $387.6 million. The immediately preceding quarter ended September 30, 2015, had a net loss of $43.8 million, or $0.93 per common share, on revenues of $271.9 million.

Included in the net loss for the quarter ended December 31, 2015 were the following:

$15.1 million ($12.3 million after-tax, or... More