TDW Q3 2024 Earnings — Tidewater Inc. Revenue & Financial Results | Market Cap Arena

TDWTidewater Inc.

$4B

Q3 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$340M+13.7% YoY

Gross Profit

$98M28.9% margin

Operating Income

$70M20.6% margin

Net Income

$46M13.6% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$43M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$933M

Stockholders' Equity

$1.1B

Cash & Equivalents

$281M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$340M	$299M	+13.7%
Gross Profit	$98M	$76M	+29.7%
Operating Income	$70M	$56M	+25.6%
Net Income	$46M	$26M	+77.0%

Revenue Segments

Vessel

$338M99%

Product and Service, Other

$2M1%

Geographic Segments

West Africa

$95M28%

Europe and Mediterranean

$85M25%

Americas

$65M19%

Asia Pacific

$56M17%

Middle East

$37M11%