Earnings Call Summary | Tidewater(TDW.US) Q1 2024 Earnings Conference
Earnings Call Summary | Tidewater(TDW.US) Q1 2024 Earnings Conference
The following is a summary of the Tidewater Inc. (TDW) Q1 2024 Earnings Call Transcript:
以下是潮水公司（TDW）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Tidewater reported Q1 2024 revenue of $321.2 million, an increase of 6.1% from the previous quarter.
The average day rates increased by 8.3% to $19,563 per day in Q1 2024.
The quarter's gross margin improved from 47.2% in Q4 2023 to 47.5%.
Operating income increased to $81.9 million from $63.1 million in Q4 2023.
Tidewater recorded a net income of $47 million or $0.89 per share.
The company witnessed a boost in free cash flow to $69.4 million, an increment of $8.4 million from Q4 2023.
Continuing with its share buyback plan, Tidewater repurchased shares worth $3.5 million in Q1 2024 and an additional $12.5 million after quarter's end.
Tidewater報告稱，2024年第一季度收入爲3.212億美元，比上一季度增長6.1％。
2024年第一季度，平均日費率增長了8.3％，達到每天19,563美元。
該季度的毛利率從2023年第四季度的47.2％提高到47.5％。
營業收入從2023年第四季度的6,310萬美元增至8190萬美元。
Tidewater的淨收入爲4700萬美元，合每股收益0.89美元。
該公司的自由現金流增長至6,940萬美元，比2023年第四季度增加了840萬美元。
Tidewater繼續其股票回購計劃，在2024年第一季度回購了價值350萬美元的股票，並在季度末又回購了1,250萬澳元。
Business Progress:
業務進展：
Tidewater's business performance exceeded expectations in Q1 2024, with notable improvements in both day rate and utilization.
There was a surge in day rates across vessel classes, particularly in large class of anchor handlers.
The company executed a share repurchase program worth $16 million during and subsequent to Q1.
Regional activities in the Americas, Asia Pacific, Middle East, Europe & Mediterranean, West Africa have been strong with room for improvement envisioned in business year extension.
Tidewater's backlog is currently estimated to contribute towards $930 million of revenue for the rest of 2024.
For the remainder of 2024, the focus will be on free cash flow generation and profitability, with the possibility of exploring acquisitions amid share repurchases.
The company plans to continue its strategic investment in drydocks, initiated in Q1, into Q2 preparing for busier seasons.
2024年第一季度，Tidewater的業務表現超出了預期，日費率和利用率均有顯著改善。
船舶類別的日間費率激增，尤其是大型錨船的日間運費。
該公司在第一季度及之後執行了一項價值1600萬美元的股票回購計劃。
美洲、亞太地區、中東、歐洲和地中海、西非的區域活動表現強勁，預計在延長營業年度時仍有改進的餘地。
目前估計，Tidewater的積壓工作將在2024年剩餘時間內爲9.3億美元的收入做出貢獻。
在2024年的剩餘時間裏，重點將放在自由現金流的產生和盈利能力上，並有可能在股票回購的同時探索收購。
該公司計劃將從第一季度開始的對幹船塢的戰略投資延續到第二季度，爲更繁忙的季節做準備。
More details: Tidewater IR
更多詳情： Tidewater 紅外線
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。