AP NEWS

Tidewater: 3Q Earnings Snapshot

November 12, 2018

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.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDW at https://www.zacks.com/ap/TDW

AP RADIO
Update hourly