HOUSTON (AP) — HOUSTON (AP) — Tidewater Inc. (TDW) on Thursday reported net income of $37.7 million in its fourth quarter.

The Houston-based company said it had net income of 70 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, came to 94 cents per share.

The offshore energy services provider posted revenue of $302.7 million in the period.

For the year, the company reported profit of $97.2 million, or $1.84 per share. Revenue was reported as $1.01 billion.

Tidewater expects full-year revenue in the range of $1.4 billion to $1.45 billion.

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