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Stock impact report

Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2024

Tidewater Inc. (TDW) 
Last tidewater inc. earnings: 8/9 04:24 pm Check Earnings Report
Company Research Source: Business Wire
Full-year 2024 HighlightsRevenue of $1,345.8 million, a 33.3% increase from 2023Average day rate increased to $21,273 per day, $4,471, or 26.6%, higher than 2023Net income of $180.7 million, an increase of $83.5 million, or 85.9%, from 2023Adjusted EBITDA of $559.6 million, an increase of $172.9 million, or 44.7%, from 2023Net Income and Adjusted EBITDA adversely impacted by the $15.3 million foreign exchange loss due the strengthening of the U.S. dollarNet cash provided by operating activities of $273.8 million, an increase of $169.1 million, or 161.5%, from 2023Free cash flow of $331.0 million, an increase of $219.6 million, or 197.1% from 2023Repurchased 1.4 million shares during full-year 2024 for $90.7 million at an average price of $65.53 Read more
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