Tidewater: 2Q Earnings Snapshot
HOUSTON (AP) _ Tidewater Inc. (TDW) on Monday reported a loss of $10.9 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of 44 cents. Losses, adjusted for non-recurring costs and asset impairment costs, were 32 cents per share.
The offshore energy services provider posted revenue of $105.6 million in the period.
Tidewater shares have increased 29 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $31.51, a rise of 35 percent in the last 12 months.
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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