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Home›News›Tidewater Reports Third Quarter Results For Fiscal 2007
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January 23, 2007 · about 19 years ago

Tidewater Reports Third Quarter Results For Fiscal 2007

Tidewater Inc. announced today third quarter net earnings for the period ended December 31, 2006, of $93.4 million, or $1.67 per common share, on revenues of $287.9 million. Included in the current quarter’s net earnings is a pre-tax financial gain of $6.0 million ($3.7 million after tax, or $0.07 p

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Tidewater Inc. announced today third quarter net earnings for the period ended December 31, 2006, of $93.4 million, or $1.67 per common share, on revenues of $287.9 million. Included in the current quarter’s net earnings is a pre-tax financial gain of $6.0 million ($3.7 million after tax, or $0.07 per common share) related to the December 2006 sale of three of the company’s offshore tug vessels to Crosby Marine Transportation, LLC in completion of a transaction previously announced.

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