TDW Q3 2023 Earnings — Tidewater Inc. Revenue & Financial Results | Market Cap Arena

TDWTidewater Inc.

$4B

Q3 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$299M+56.1% YoY

Gross Profit

$76M25.3% margin

Operating Income

$56M18.6% margin

Net Income

$26M8.8% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

+39.2%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$29M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.0B

Stockholders' Equity

$1.0B

Cash & Equivalents

$275M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$299M	$192M	+56.1%
Gross Profit	$76M	$47M	+60.4%
Operating Income	$56M	$19M	+192.1%
Net Income	$26M	$5M	+387.0%

Revenue Segments

Vessel

$297M99%

Product and Service, Other

$2M1%

Geographic Segments

Europe and Mediterranean

$79M27%

West Africa

$74M25%

Americas

$71M24%

Asia Pacific

$39M13%

Middle East

$35M12%