Tidewater: Decent Quarter But Lowered Outlook Disappoints
TDWTidewater(TDW) Seeking Alpha·2024-08-15 06:23

Igors Aleksejevs Note: Tidewater Inc. (NYSE:TDW) has been covered by me previously, so investors should view this article as an update to my earlier publications on the company. Last week, leading offshore service vessel provider Tidewater Inc., or "Tidewater," reported strong Q2/2024 results with both top- and bottom-line results exceeding consensus expectations: Company Press Releases / Regulatory Filings Revenues of 339.2millionandAdjustedEBITDAof339.2 million and Adjusted EBITDA of 139.7 million represented new multi-year highs. Th ...