Tidewater: Earnings up, red ink down

Capt. John

“Tidewater is uniquely positioned to capitalize on what is looking to be a truly transformational period for vessel activity and day rate improvements over the next several quarters,” said CEO Quintin Kneen as Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) reported its results for the quarter ended March 31, 2022

Earnings were $105.7 million compared with $83.5 million for the prior year same quarter. Net losses were $12.2 million compared with $35.3 million for the...

https://www.marinelog.com/offshore/tidewater-earnings-up-red-ink-down/

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