Tidewater stays in the red despite increased revenue

Offshore service ship operator Tidewater still sees bright spots in the offshore market. The company reports an improved top line in the first half of the year, though the bottom line remains red.
Photo: PR/Tidewater
Photo: PR/Tidewater

US-based Tidewater was able to grow its revenue in 2019 so far, yet the offshore service ship operator, built on a large merger, still reports bottom line deficit, shows the company's interim report, published Monday.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading