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03.03.26 - 01:45
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Tidewater (TDW) Q4 Earnings Miss Estimates (Zacks)
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Tidewater (TDW) delivered earnings and revenue surprises of -49.23% and +5.17%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?...
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02.03.26 - 22:30
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Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2025 (Business Wire)
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Full-year 2025 Highlights
Revenue of $1,352.8 million, an increase of 0.5% as compared to full-year 2024
Average day rate of $22,573 per day, an increase of 6.1% compared to full-year 2024
Net income of $333.5 million and Adjusted EBITDA of $598.1 million
Net income was favorably impacted by the recognition of a non-cash deferred tax benefit of $201.5 million, primarily due to a strategic internal restructuring of our vessel ownership
Net cash provided by operating activities of $379.1 million
Free cash flow of $426.0 million
Share count reduced by 2.5 million shares during the full-year 2025 for $98.2 million at average price of $39.52, including shares repurchased in exchange for payment of employee taxes on the vesting of equity compensation
Fourth Quarter 2025 Highlights
Revenue of $336.8 million, a 2.4% decline compared to the fourth quarter of 2024
Average day rate of $22,044 per day, a decline of $192 per day, or 0.9%, compared to the fourth quarter of 2024
Net income of $219.4 million and Adjusted...
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27.02.26 - 04:15
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Tidewater Announces Earnings Release and Conference Call (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three and twelve months ending December 31, 2025, on Monday, March 2, 2026, after market close. An earnings conference call has been scheduled for Tuesday, March 3, 2026, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three and twelve months ending December 31, 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 March 3, 2026. To access the re...
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23.02.26 - 00:24
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Tidewater Announces the All-Cash Acquisition of Wilson Sons Ultratug Offshore (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater”) today announced that it has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, “WSUT”) at an enterprise value of approximately $500 million, including the assumption of WSUT's existing debt (the “Transaction”).
Strategic Rationale
Strengthens Tidewater's OSV position: WSUT's fleet consists of 22 PSVs; pro forma for the Transaction, Tidewater will own a fleet of 213 OSVs, bringing Tidewater's total global fleet size to 231 vessels, including crew boats, tug boats and maintenance vessels
Enhances Tidewater's Brazilian presence: Expands Tidewater's current fleet of 6 vessels in Brazil to a total of 28, providing meaningful scale and the operational capability required to support the continued growth of the Brazilian offshore energy market
Establishes Tidewater as one of the main providers of...
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