Tidewater (TDW) Posts Q4 Loss of 19c/Share
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Tidewater Reports Fourth Quarter and Year End Results For Fiscal 2015
May 27, 2015 9:26 AM EDT
NEW ORLEANS, May 27, 2015 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today a fourth quarter net loss for the period ended March 31, 2015, of $9.1 million, or $0.19 per common share, on revenues of $324.8 million. For fiscal year ended March 31, 2015, the company's net loss was $65.2 million, or $1.34 per common share, inclusive of a $214.9 million after-tax, or $4.43 per share, non-cash goodwill impairment charge recorded in the December 2014 quarter, on revenues of $1,495.5 million. For fiscal year ended March 31, 2014, net earnings were $140.3 million, or $2.82 per common share, inclusive of a $43.4... More
