Tidewater Reports Q4 Results, Year End Earnings for Fiscal '09

Tidewater announced today fourth quarter net earnings for the period ended March 31, 2009, of $109.7 million, or $2.13 per share, on revenues of $341.6 million. For the same quarter last year, net earnings were $85.4 million, or $1.63 per share, on revenues of $331.4 million.

For fiscal year ended March 31, 2009, net earnings were $406.9 million, or $7.89 per share, on revenues of $1,390.8 million. For the fiscal year ended March 31, 2008, net earnings were $348.8 million, or $6.39 per share, on revenues of $1,270.2 million.

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