Tidewater (TDW) Tops Q1 EPS by 10c

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Go back to Tidewater (TDW) Tops Q1 EPS by 10c

Tidewater Reports Results for the Three-Months Ended March 31, 2019

May 6, 2019 4:16 PM EDT

HOUSTON--(BUSINESS WIRE)-- Tidewater Inc. (NYSE: TDW) announced today revenue for the three-months ended March 31, 2019, of $122.1 million and a net loss for the same period of $21.7 million (or $0.58 per common share). Excluding certain costs outlined below, net loss for the three-months ended March 31, 2019 was $18.0 million (or $0.49 per common share).

John T. Rynd, Tidewaters President and Chief Executive Officer, commented, March 31 marked the first full quarter with Tidewater and GulfMark operating as a combined company and Im pleased that the benefits of this merger are immediately evident. With a larger vessel... More