Tidewater Reports Results for the Three and Nine-Months Ended September 30, 2019
Tidewater Inc. (TDW)
Last tidewater inc. earnings: 8/9 04:24 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=81406&p=irol-irhome_pf
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and nine months ended September 30, 2019, of $119.8 million and $367.8 million, and net losses for the same periods of $44.2 million (or $1.15 per common share) and $81.9 million (or $2.17 per common share), respectively. Excluding certain costs outlined below, net losses for the three and nine months ended September 30, 2019 were $37.9 million (or $0.99 per common share) and $71.4 million (or $1.89 per common share), respectively. Highlights for the three months ended September 30, 2019: Significant streamlining of shore base operations underwayAdjusted EBITDA for the trailing twelve months of $80.5 millionInitiated bond consent and $125 million tender to improve debt capital structure, reduce negative interest carry and improve operational efficiencyThird quarter general and administrative expense includes $6.3 million of severance and similar expenses related to significant reduction in fo
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- 3/23/26 - Form 4
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- TDW's page on the SEC website