Tidewater (TDW) Misses Q4 EPS by 2c

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Go back to Tidewater (TDW) Misses Q4 EPS by 2c

Tidewater Reports Results for the Three and Twelve -Months Ended December 31, 2019

March 2, 2020 4:56 PM EST

HOUSTON--(BUSINESS WIRE)-- Tidewater Inc. (NYSE: TDW) announced today revenue for the three and twelve months ended December 31, 2019, of $118.8 million and $486.5 million, and net losses for the same periods of $59.9 million (or $1.52 per common share) and $141.7 million (or $3.71 per common share), respectively. Excluding long-lived asset impairments and one time expenses, net losses for the three and twelve months ended December 31, 2019 were $25.2 million (or $0.64 per common share) and $91.4 million (or $2.39) per common share), respectively. Highlights for the three months ended December 31, 2019:

Generated revenue of $118.8 million, an 8%, or $8.5... More