TDW Q2 2024 Earnings — Tidewater Inc. Revenue & Financial Results | Market Cap Arena

TDWTidewater Inc.

$4B

Q2 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$339M+57.8% YoY

Gross Profit

$102M30.2% margin

Operating Income

$78M23.0% margin

Net Income

$50M14.8% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$72M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.0B

Stockholders' Equity

$1.1B

Cash & Equivalents

$316M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$339M	$215M	+57.8%
Gross Profit	$102M	$64M	+61.2%
Operating Income	$78M	$39M	+100.6%
Net Income	$50M	$23M	+123.0%

Revenue Segments

Vessel

$337M99%

Product and Service, Other

$2M1%

Geographic Segments

West Africa

$89M26%

Europe and Mediterranean

$83M25%

Americas

$73M22%

Asia Pacific

$55M16%

Middle East

$37M11%