NYSE:TDWEnergy Services
What Tidewater (TDW)'s Profitability Squeeze Despite Reaffirmed 2026 Revenue Guidance Means For Shareholders
In the past week, Tidewater Inc. reported first quarter 2026 results showing revenue of US$326.22 million, slightly below the prior year's US$333.44 million, while net income fell to US$6.14 million and earnings per share from continuing operations eased to US$0.12.
Despite the weaker profitability, management reiterated full-year 2026 revenue guidance of US$1.43 billion to US$1.48 billion, signaling confidence that operational issues and higher costs can be managed over the rest of the...