04:05 AM EDT, 05/06/2025 (MT Newswires) -- Tidewater (TDW) reported Q1 income late Monday of $0.83 per diluted share, down from $0.89 a year earlier.

Analysts polled by FactSet expected $0.61.

Revenue for the quarter ended March 31 was $333.4 million, up from $321.2 million a year earlier. Analysts surveyed by FactSet expected $324.1 million.

For 2025, the company continues to expect revenue of $1.32 billion to $1.38 billion. Analysts polled by FactSet expect $1.35 billion.

Shares of the company were up 8% in Monday's after-hours activity.