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Tidewater: 3Q Earnings Snapshot

·1 min read

HOUSTON (AP) _ Tidewater Inc. (TDW) on Thursday reported a loss of $37.9 million in its third quarter.

The Houston-based company said it had a loss of 94 cents per share. Losses, adjusted for non-recurring costs, were 87 cents per share.

The offshore energy services provider posted revenue of $86.5 million in the period.

Tidewater shares have dropped 69% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.01, a decrease of 66% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDW at https://www.zacks.com/ap/TDW