Tidewater: 3Q Earnings Snapshot
HOUSTON (AP) _ Tidewater Inc. (TDW) on Monday reported a loss of $30.9 million in its third quarter.
The Houston-based company said it had a loss of $1.16 per share. Losses, adjusted for asset impairment costs and non-recurring costs, came to 41 cents per share.
The offshore energy services provider posted revenue of $99.2 million in the period.
Tidewater shares have increased 11 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $27, a climb of nearly 2 percent in the last 12 months.