TDW Q1 2022 Earnings — Tidewater Inc. Revenue & Financial Results | Market Cap Arena

TDWTidewater Inc.

$4B

Q1 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$106M+26.6% YoY

Gross Profit

$10M9.6% margin

Operating Income

-$7M-6.9% margin

Net Income

-$12M-11.5% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$13M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$364M

Stockholders' Equity

$689M

Cash & Equivalents

$136M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$106M	$84M	+26.6%
Gross Profit	$10M	-$8M	+222.7%
Operating Income	-$7M	-$26M	+72.2%
Net Income	-$12M	-$35M	+65.5%

Revenue Segments

Vessel

$104M98%

Product and Service, Other

$2M2%

Geographic Segments

Americas

$28M27%

West Africa

$26M25%

Middle East

$25M24%

Europe and Mediterranean

$24M23%