Tidewater Inc. Q1 2026 Earnings Call Summary
Tidewater reported first-quarter revenue of $326.2 million and gross margins of 48.8%, exceeding internal expectations due to higher day rates and improved operational uptime. The company is expanding in Brazil through a $500 million acquisition, while geopolitical conflicts are affecting operating costs by an estimated $10-11 million per quarter.
Tickers: $TDW
Topics: acquisition gross_margins operational_performance revenue