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Tidewater reported much better-than-expected second quarter results and provided a decent industry outlook. While top and bottom line numbers came in well above consensus estimates, cash flows remained under pressure from vessel reactivations and increased working capital requirements.
Tidewater Inc. (NYSE:TDW ) Q2 2022 Earnings Conference Call August 5, 2022 9:00 AM ET Company Participants West Gotcher - Vice President of Finance and Investor Relations Quintin Kneen - President & Chief Executive Officer Piers Middleton - Vice President of Sales & Marketing Sam Rubio - Chief Financial Officer Conference Call Participants Hans Lund - Clarksons Patrick Fitzgerald - Baird Operator Good morning. My name is Chantel and I'll be your conference operator today.
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today an earnings conference call has been scheduled for Friday, August 5, 2022, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2022. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.770.7135 if calling from the U.S. or Canada (+1.929.203.0820
Tidewater, Inc. is an attractive investment with its impressive revenue and margin expansion. It generates enough income to sustain its expansion and cover its borrowings.
Anything energy-related has seemed to work this year. Tidewater shares beat both the oil services ETF, energy sector fund, and the broad stock market thus far in 2022.
Tidewater Inc. (NYSE:TDW ) Q1 2022 Earnings Conference Call May 10, 2022 9:00 AM ET Company Participants West Gotcher – Vice President of Finance and Investor Relations Quintin Kneen – President and Chief Executive Officer Piers Middleton – Vice President of Sales and Marketing Sam Rubio – Chief Financial Officer Conference Call Participants Patrick Fitzgerald – Baird Operator Good morning. My name is Audra, and I will be your conference operator today.