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Stock impact report

Tidewater (TDW) Gains Despite Mixed Results for Q3 [Yahoo! Finance]

Tidewater Inc. (TDW) 
Last tidewater inc. earnings: 8/9 04:24 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Tidewater (TDW) Gains Despite Mixed Results for Q3 Image by Steve Buissinne from Pixabay Tidewater Inc. (NYSE:TDW), together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. Tidewater Inc. (NYSE:TDW) shot up despite reporting a mixed performance for its Q3 on November 10, with the company's loss per share of $0.02 falling below estimates by $0.43, as a nonrecurring debt expense pushed the company into a net loss. However, its revenue managed to exceed expectations, primarily due to a higher-than-expected average day rate and slightly better-than-anticipated utilization. Tidewater also updated its FY 2025 revenue guidance to $1.33 billion to $1.35 billion, while initiating FY 2026 revenue guidance of $1.32 billion to $1.37 billion. It is worth mentioning that following the ‘mixed' Q3 report, Evercore ISI lowered its price target on Tidewater Show less Read more
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