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Tidewater Inc. - TDW STOCK NEWS

Welcome to our dedicated news page for Tidewater (Ticker: TDW), a resource for investors and traders seeking the latest updates and insights on Tidewater.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tidewater's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tidewater's position in the market.

Rhea-AI Summary
Tidewater Inc. (NYSE: TDW) announced the upcoming release of its financial results for the first quarter ending March 31, 2024, along with details of an earnings conference call to discuss the results. The call will be hosted by President and CEO Quintin Kneen on May 3, 2024, with options for both telephone and webcast participation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
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-
Rhea-AI Summary
Tidewater Inc. (NYSE: TDW) releases its 2023 Sustainability Report, showcasing its ESG performance and management approach for the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
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none
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Rhea-AI Summary
Tidewater Inc. (NYSE:TDW) reported significant financial growth in 2023 with revenue reaching $1.01 billion, a 55.9% increase from 2022. The company's net income rose to $97.2 million, a substantial improvement from the previous year. Tidewater completed the acquisition of 37 PSVs from Solstad Offshore, achieving the highest quarterly revenue in eight years. The company also announced a share repurchase program and provided revenue guidance for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.37%
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none
Rhea-AI Summary
Tidewater Inc. (NYSE: TDW) announced an earnings conference call scheduled for March 1, 2024, to discuss results for the three and twelve months ending December 31, 2023. Investors can join via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
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News
Rhea-AI Summary
Edgio, Inc. (NASDAQ: EGIO) reconstitutes its Board of Directors, reducing the size from nine to five members and appointing three new directors. The changes follow a recent transaction with Lynrock Lake Master Fund LP, providing the company with $66 million of new financing. The new Board includes Ken Traub as Chairman, Frank Verdecanna, Mio Babic, Bob Lyons, and Dianne Ledingham. The company aims to leverage the deep expertise of the new Board to strengthen its position as a leading edge-enabled solutions provider.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
management
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Rhea-AI Summary
Tidewater Inc. (NYSE:TDW) announced revenue of $299.3 million for Q3 2023, a 39.2% increase from Q2 2023. The average day rate increased to $17,865 per day, $1,823 higher than the previous quarter. Net income was $26.2 million, an increase of $3.6 million from Q2 2023. The company also completed the integration of 32 of the 37 recently acquired PSVs from Solstad Offshore. Tidewater initiated 2024 revenue guidance of $1.40 to $1.45 billion and gross margin guidance of 52%. They also announced a share repurchase authorization for the maximum permissible amount under existing debt agreements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.5%
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none
Rhea-AI Summary
Tidewater Inc. (NYSE: TDW) has scheduled an earnings conference call on November 7, 2023, at 8:00 a.m. Central Time. President and CEO Quintin Kneen will discuss the results for the three months ending September 30, 2023. The call can be accessed via telephone or a live webcast on Tidewater's investor relations website. A replay of the call will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
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Rhea-AI Summary
Tidewater Inc. to participate in Barclays CEO Energy-Power Conference on September 5-6, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
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conferences
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
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none
Rhea-AI Summary
Tidewater Inc. (NYSE: TDW) has announced an earnings conference call scheduled for August 8, 2023, at 8:00 a.m. Central Time. President and CEO Quintin Kneen will discuss the results for the three months ending June 30, 2023. Investors can listen to the call via telephone or live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
Tidewater Inc.

NYSE:TDW

TDW Rankings

TDW Stock Data

5.06B
48.22M
2.28%
96.63%
9.35%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States
Houston

About TDW

tidewater is the leading provider of larger offshore service vessels to the global energy industry. with its large, new vessel fleet, a global footprint, leading safety performance, and over 50 years of experience providing marine support services, we’re serving customers who are operating in more remote, deeper and increasingly hostile environments in order to meet the world’s energy demands.