Tidewater(TDW) - 2023 Q4 - Annual Results
TDWTidewater(TDW)2024-03-01 05:28

Exhibit 99.1 Tidewater Inc. 842 West Sam Houston Parkway North, Suite 400 Houston, TX 77024, USA +1.713.470.5300 Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2023 Full-Year 2023 Highlights ● Revenue of 1,010.0million,a55.91,010.0 million, a 55.9% increase from 2022 ● Average day rate increased to 16,802 per day, 4,048higherthan2022Netincomeof4,048 higher than 2022 ● Net income of 97.2 million, an increase of 118.9millionfrom2022AdjustedEBITDAof118.9 million from 2022 ● Adjusted EBITDA of 386.7 million, an increase of $220.0 million from 2022 ● Net cash p ...