Tidewater Inc. announced today first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million.
For the same quarter last year, net earnings were $39.8 million, or $0.77 per share, on revenues of $262.5 million. The immediately preceding quarter ended March 31, 2011, had net earnings of $12.0 million, or $0.23 per common share, on revenues of $254.0 million.
Included in net earnings for the March 31, 2011 quarter were:
[mappress] Source: Tidewater, August 05, 2011;