Seacor Marine Holdings: Another Bad Quarter Provides Buying Opportunity
SMHISEACOR Marine(SMHI) Seeking Alpha·2024-08-04 20:25
Igors Aleksejevs Note: I have covered SEACOR Marine Holdings Inc. or "SEACOR Marine" (NYSE:SMHI) previously, so investors should view this as an update to my earlier articles on the company. Last week, leading offshore support vessel provider SEACOR Marine Holdings released another disappointing quarterly report, with profitability falling well short of expectations and sizeable cash usage. Press Releases / Regulatory Filings While the company's average dayrate of $19,141 increased to a new multi-year h ...