|
|
|
|
|
|
|
10.11.25 - 22:30
|
Tidewater Reports Results for the Nine Months Ended September 30, 2025 (Business Wire)
|
|
|
Third Quarter 2025 Highlights
Revenue of $341.1 million, a 0.2% improvement compared to the third quarter of 2024
Average day rate of $22,798 per day, an improvement of $523 per day, or 2.3%, compared to the third quarter of 2024
Net loss of $0.8 million and Adjusted EBITDA of $137.9 million
Net Income and Adjusted EBITDA were favorably impacted by the $1.3 million foreign exchange gain due to the weakening of the U.S. dollar
Net Income adversely impacted by the $27.1 million loss on early extinguishment of debt associated with July 2025 refinancing
Net cash provided by operating activities of $72.1 million and free cash flow of $82.7 million
Annual Guidance and Share Repurchase Program
Updating 2025 revenue guidance to $1.33 to $1.35 billion and 2025 gross margin guidance of 49% to 50%
Initiating 2026 revenue guidance of $1.32 to $1.37 billion and 2026 gross margin guidance of 48% to 50%
Outstanding share repurchase program authorization of $500 million
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW)...
|
|
|
|
|
04.11.25 - 01:09
|
Tidewater Announces Earnings Release and Conference Call (Business Wire)
|
|
|
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending September 30, 2025, on Monday, November 10, 2025 after market close. An earnings conference call has been scheduled for Tuesday, November 11, 2025, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2025.
Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 8745688 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at investor.tdw.com.
A replay of the conference call will be available beginning at 11:00 a.m. Central Time on November 11, 2025. To access the replay, acc...
|
|
|
|
|
20.10.25 - 15:03
|
Cotulla Education Acquires American Lineman College (Business Wire)
|
|
|
Cotulla Education's acquisition of American Lineman College marks its second skilled trade acquisition, reflecting a broader strategy to strengthen workforce pipelines and address labor shortages.BAKERSFIELD, Calif.--(BUSINESS WIRE)--Today, Cotulla Education – the parent company of the Aviation Institute of Maintenance (AIM), Centura College, and Tidewater Tech – announced the acquisition of American Lineman College, an electrical line-working and climbing school based in Bakersfield, California. With the acquisition, Cotulla Education adds line-worker training and education to its portfolio of programs, furthering its mission to address critical skilled-labor shortages in essential industries in the United States.
“At Cotulla Education, we recognize there is a growing demand for support across other key sectors,” said Jason Pfaff, co-founder and CEO of Cotulla Education. “American Lineman College has proven that innovative, employer-driven training works. Together, we will expand access to hig...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04.08.25 - 22:24
|
Tidewater Reports Results for the Six Months Ended June 30, 2025 (Business Wire)
|
|
|
Second Quarter 2025 Highlights
Revenue of $341.4 million, a 0.6% improvement compared to the second quarter of 2024
Average day rate of $23,166 per day, an improvement of $2,036 per day, or 9.6%, compared to the second quarter of 2024
Net income of $72.9 million and Adjusted EBITDA of $163.0 million
Net Income and Adjusted EBITDA were favorably impacted by the $11.7 million foreign exchange gain due to the weakening of the U.S. dollar
Net cash provided by operating activities of $85.4 million and free cash flow of $97.5 million
Share Repurchase Program and 2025 Guidance
Share count was reduced by 1.4 million shares during the second quarter through repurchases of $50.8 million at an average price of $36.80 per share
Board of Directors authorizes new share repurchase program of $500 million
Reiterating 2025 revenue guidance of $1.32 to $1.38 billion and 2025 gross margin guidance of 48% to 50%
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended Jun...
|
|
|
28.07.25 - 23:51
|
Tidewater Announces Earnings Release and Conference Call (Business Wire)
|
|
|
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending June 30, 2025, on Monday, August 4, 2025 after market close. An earnings conference call has been scheduled for Tuesday, August 5, 2025, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2025.
Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 8745688 prior to the scheduled start time. A live webcast of the call will also be available in the Investor Relations section of Tidewater's website at investor.tdw.com.
A replay of the conference call will be available beginning at 11:00 a.m. Central Time on August 5, 2025. To access the replay, access the Investor Re...
|
|