Tidewater Inc. Q4 Earnings Summary

Tidewater Inc. (TDW) released Loss for its fourth quarter that increased from the same period last year and missed the Street estimates.

The company's bottom line totaled -$37.93 million, or -$0.92 per share. This compares with -$29.25 million, or -$0.72 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn -$0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.5% to $105.18 million from $91.86 million last year.

Tidewater Inc. earnings at a glance (GAAP) :

-Earnings (Q4): -$37.93 Mln. vs. -$29.25 Mln. last year.
-EPS (Q4): -$0.92 vs. -$0.72 last year.
-Analyst Estimate: -$0.61
-Revenue (Q4): $105.18 Mln vs. $91.86 Mln last year.

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