TDW Q4 2023 Earnings — Tidewater Inc. Revenue & Financial Results | Market Cap Arena

TDWTidewater Inc.

$4B

Q4 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$303M+62.1% YoY

Gross Profit

$84M27.6% margin

Operating Income

$63M20.8% margin

Net Income

$38M12.4% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$39M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.0B

Stockholders' Equity

$1.0B

Cash & Equivalents

$274M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$303M	$187M	+62.1%
Gross Profit	$84M	$41M	+105.5%
Operating Income	$63M	$13M	+381.0%
Net Income	$38M	$11M	+254.7%

Revenue Segments

Vessel

$301M99%

Product and Service, Other

$2M1%

Geographic Segments

Europe and Mediterranean

$81M27%

West Africa

$75M25%

Americas

$68M23%

Asia Pacific

$39M13%

Middle East

$38M13%