Tidewater Q3 2023 Earnings Report

Tidewater EPS Results

• Actual EPS: $0.77
• Consensus EPS: $1.45
• Beat/Miss: Missed by -$0.68
• One Year Ago EPS: N/A

Tidewater Revenue Results

• Actual Revenue: $299.26 million
• Expected Revenue: $295.05 million
• Beat/Miss: Beat by +$4.21 million
• YoY Revenue Growth: N/A

Tidewater Announcement Details

• Quarter: Q3 2023
• Date: 11/6/2023
• Time: N/A

Tidewater (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. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; offshore drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.