Tidewater (TDW) Reports Q4 Loss Per Share of $1.74

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Tidewater Reports Fourth Quarter and Year End Results For Fiscal 2016

May 25, 2016 5:43 PM EDT

NEW ORLEANS, May 25, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today a fourth quarter net loss for the period ended March 31, 2016, of $81.8 million, or $1.74 per common share, on revenues of $184.2 million. For fiscal year ended March 31, 2016, the company's net loss was $160.2 million, or $3.41 per common share, on revenues of $979.1 million. For the prior fiscal year's fourth quarter ended March 31, 2015, the company's net loss was $9.1 million, or $0.19 per common share, on revenues of $324.8 million. For fiscal year ended March 31, 2015, the company's net loss was $65.2 million, or $1.34 per common share, on revenues of $1,495.5 million.... More