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03.08.26 - 22:21
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Tidewater Reports Results for the Six Months Ended June 30, 2026 (Business Wire)
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Second Quarter 2026 Highlights
Revenue of $342.3 million, a 4.9% increase compared to the first quarter of 2026
Average day rate of $22,938 per day, an increase of $655 per day, or 2.9%, compared to the first quarter of 2026
Weighted average leading edge day rate of $24,341, a 7.5% increase compared to the first quarter of 2026
Net income of $21.7 million and Adjusted EBITDA of $133.8 million
Net cash provided by operating activities of $67.0 million and free cash flow of $64.4 million
Annual Guidance and Share Repurchase Program
Updating 2026 revenue guidance range of $1.42 to $1.47 billion and 2026 gross margin guidance range of 49% to 50% pro forma for the previously announced Wilson Sons Ultratug Offshore (“WSUT”) acquisition to reflect an expected closing around September 1, 2026
Outstanding share repurchase program authorization of $500 million
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2026 of $342.3 million and $6...
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28.07.26 - 23:12
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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 months ending June 30, 2026, on Monday, August 3, 2026 after market close. An earnings conference call has been scheduled for Tuesday, August 4, 2026, 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, 2026.Investors and interested parties may listen to the earnings conference call via telephone by calling +1.833.461.5787 if calling from the U.S. or Canada (+1.365.657.4084 if calling from outside the U.S.) and provide Conference ID: 600 500 897 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 4, 2026. To access the replay, access the Investor ...
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29.06.26 - 12:33
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FTAI Infrastructure Announces Acquisition of Tidewater Logistics (GlobeNewswire EN)
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NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ: FIP) (the “Company” or “FIP”) announced today that it has completed the acquisition of AP Shale Logistics ManagementCo LLC, doing business as Tidewater Logistics (“Tidewater”), a barge and rail transloading company with operations in Ohio, West Virginia, and Texas. The Company acquired Tidewater for a cash consideration of approximately $45 million, funded through an upsizing of FIP's existing term loan with existing lenders....
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01.06.26 - 16:06
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Cotulla Education Appoints Chief David L. Perry (Ret.) as Director of Safety and Security (Business Wire)
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Nationally recognized campus safety expert joins to lead enterprise-wide physical security initiative across 21 campusesVIRGINIA BEACH, Va.--(BUSINESS WIRE)--Cotulla Education today announced the appointment of Chief David L. Perry (Ret.) as Director of Safety and Security. In this newly established role, Chief Perry will lead the company's comprehensive physical security program across all 21 campuses spanning four workforce education brands: Aviation Institute of Maintenance (AIM), Tidewater Tech, Centura College, and American Lineman College.
Chief Perry brings nearly 30 years of law enforcement and campus public safety experience to Cotulla Education, having served in senior leadership roles at Florida State University, the University of North Carolina, and Clemson University. He is a contributor to the Final Report of the President's Task Force on 21st Century Policing, and currently serves as Program Lead for Safer Together, a national law enforcement safety and wellness strategy developed in part...
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04.05.26 - 22:12
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Tidewater Reports Results for the Three Months Ended March 31, 2026 (Business Wire)
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First Quarter 2026 Highlights
Revenue of $326.2 million, a 2.2% decline compared to the first quarter of 2025
Average day rate of $22,283 per day, a decline of $20 per day, or 0.1%, compared to the first quarter of 2025
Net income of $6.1 million and Adjusted EBITDA of $129.3 million
Net income and Adjusted EBITDA were adversely impacted by the $3.4 million foreign exchange loss due to the strengthening of the U.S. dollar
Net cash provided by operating activities of $19.2 million and free cash flow of $34.4 million
Annual Guidance and Share Repurchase Program
Reiterating 2026 revenue guidance to $1.43 to $1.48 billion and 2026 gross margin guidance of 49% to 51% pro forma for the previously announced Wilson Sons Ultratug acquisition
Outstanding share repurchase program authorization of $500 million
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three months ended March 31, 2026 of $326.2 million, compared with $333.4 million for the three months ended March 31, 20...
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