Tidewater (TDW) Tops Q3 EPS by 16c

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Go back to Tidewater (TDW) Tops Q3 EPS by 16c

Tidewater Reports Third Quarter Results For Fiscal 2017

February 7, 2017 5:37 PM EST

NEW ORLEANS, Feb. 7, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today a third quarter net loss for the period ended December 31, 2016, of $297.7 million, or $6.32 per common share, on revenues of $129.2 million. For the same quarter last year, net loss was $19.5 million, or $0.42 per common share, on revenues of $218.2 million. The immediately preceding quarter ended September 30, 2016, had a net loss of $178.5 million, or $3.79 per common share, on revenues of $143.7 million.

Included in the net loss for the quarter ended December 31, 2016 were the following:

$253.4 million ($253.4 million after-tax, or $5.38 per... More