Louisiana-Based Tidewater Inc.'S 2q Income Falls 17 Percent

Summary


Tidewater Inc. today said second-quarter income for the period ended Sept. 30 fell 17 percent to $86.5 million, or $1.56 per share, from $104.2 million, or $1.86 per share, in the year-ago quarter.

But second-quarter revenues were up 16 percent to $319 million from $273.9 million in the year-ago quarter.

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Louisiana-Based Tidewater Inc.'S 2q Income Falls 17 Percent

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