Tidewater (TDW) reported Q4 earnings late Thursday of $0.70 per diluted share, unchanged from a year earlier.

Analysts surveyed by FactSet expected $0.90.

Revenue for the quarter ended Dec. 31 was $345.1 million, up from $302.7 million a year earlier.

Analysts surveyed by FactSet expected $340.6 million.

The company said it expects full-year 2025 revenue to be between $1.32 billion and $1.38 billion. Analysts surveyed by FactSet expect $1.43 billion.

Additionally, the board authorized a new share repurchase program of up to $90.3 million.

Shares of the company fell 2.1% in recent after-hours activity.

Price: 47.60, Change: -1.00, Percent Change: -2.06