SEACOR Marine Q2 2024 Earnings Report

SEACOR Marine EPS Results

• Actual EPS: -$0.45
• Consensus EPS: -$0.16
• Beat/Miss: Missed by -$0.29
• One Year Ago EPS: N/A

SEACOR Marine Revenue Results

• Actual Revenue: $69.87 million
• Expected Revenue: $68.21 million
• Beat/Miss: Beat by +$1.66 million
• YoY Revenue Growth: N/A

SEACOR Marine Announcement Details

• Quarter: Q2 2024
• Date: 7/31/2024
• Time: N/A

SEACOR Marine (NYSE:SMHI) provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including offshore wind farms; handle anchors and mooring equipment for offshore rigs and platforms; assist offshore operations for production and storage facilities; provide construction, well work-over, and offshore wind farm installation and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services. As of December 31, 2023, the company operated a fleet of 58 support vessels, of which 55 were owned or leased-in, and three were managed on behalf of unaffiliated third parties. It serves integrated national and international oil companies, independent oil and natural gas exploration and production companies, and oil field service and construction companies, as well as offshore wind farm operators and offshore wind farm installation and maintenance companies. SEACOR Marine Holdings Inc. was founded in 1989 and is headquartered in Houston, Texas.