Tidewater Reports Strong Q1 2025 Earnings with Revenue Exceeding Expectations

Tidewater (TDW) reported first-quarter revenue of $333.4 million, exceeding expectations due to higher average day rates and better utilization. The company achieved a gross margin over 50% for the second consecutive quarter.

By Motley Fool Transcribing, The Motley Fool May 4, 2026 42 min read · Yahoo Finance ·

Tidewater Reports Strong Q1 2025 Earnings with Revenue Exceeding Expectations

Tickers: $TDW

Topics: capital allocation day rates financial results utilization

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