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    Tidewater reports fourth quarter, year-end results

    News // May 9, 2003
    Tidewater has announced fourth quarter, March 31, 2003, net earnings of $18.6 million, or $.33 per share, on revenues of $153.9 million. In comparison, net earnings in the immediately preceding quarter were $23.6 million, or $.42 per share, on revenues of $163.1 million. Last year's fourth quarter net earnings were $28.3 million, or $.50 per share, on revenues of $169.4 million.

    For the fiscal year ended March 31, 2003, net earnings were $88.6 million, or $1.57 per share, on revenues of $635.8 million. For the same period last year, net earnings were $136.2 million, or $2.41 per share, on revenues of $729 million.

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