TDW Q2 2022 Earnings — Tidewater Inc. Revenue & Financial Results | Market Cap Arena

TDWTidewater Inc.

$4B

Q2 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$163M+81.7% YoY

Gross Profit

$31M18.9% margin

Operating Income

$2M1.1% margin

Net Income

-$26M-15.7% margin

EPS (Diluted)

$-0.61

QoQ Revenue Growth

+54.6%

Cash Flow

Operating Cash Flow

-$22M

Free Cash Flow

-$26M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$441M

Stockholders' Equity

$841M

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$163M	$90M	+81.7%
Gross Profit	$31M	-$3M	+999.4%
Operating Income	$2M	-$20M	+109.1%
Net Income	-$26M	-$29M	+13.2%

Revenue Segments

Vessel

$162M99%

Product and Service, Other

$1M1%

Geographic Segments

West Africa

$47M29%

Americas

$38M23%

Europe and Mediterranean

$32M20%

Middle East

$28M18%

Asia Pacific

$16M10%