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Tidewater: Q4 Earnings Snapshot

March 4, 2021 GMT

HOUSTON (AP) _ Tidewater Inc. (TDW) on Thursday reported a loss of $29.2 million in its fourth quarter.

The Houston-based company said it had a loss of 72 cents per share. Losses, adjusted for non-recurring costs, were 57 cents per share.

The offshore energy services provider posted revenue of $91.9 million in the period.

For the year, the company reported that its loss widened to $196.2 million, or $4.86 per share. Revenue was reported as $397 million.

Tidewater shares have climbed 69% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.58, an increase of 7.5% 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