Tidewater Inc. (NYSE:TDW) Q3 2018 Earnings Conference Call Transcript

Nov 13, 2018 • 11:00 am ET


Tidewater Inc. (NYSE:TDW) Q3 2018 Earnings Conference Call Transcript


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Welcome to the Earnings Conference Call Third Quarter 2018. My name is Adrienne, and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. (Operator Instructions) Please note this conference is being recorded. I will now turn the call over to Jason Stanley. Jason Stanley, you may begin.

Jason Stanley

Thank you, Adrienne. Good morning, everyone and welcome to Tidewater's Earnings Conference Call for the period ended September 30, 2018. I am Jason Stanley, Tidewater's Director, IR and I would like to thank you for your time and interest in Tidewater. With me this morning on the call are our President and CEO, John Rynd; Quinn Fanning, our CFO; Jeff Gorski, our COO; and Bruce Lundstrom, our General Counsel. Following a few formalities, I will turn the call over to John for his initial comments to be followed by Quinn's financial review. John will then provide some final wrap up comments and we'll then open the call for your questions. (Forward-Looking Cautionary Statements) Please refer to our most recent Form 10-Q for any additional details on these risk factors. This document is available on our website. Also during the call, we will present both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in last evening's press release. Finally, with regards to our planned merger with GulfMark, Tidewater and GulfMark have filed a joint proxy statement with the SEC. Investors are advised to carefully read the proxy statement because it contains important information about the transaction, the parties and the associated risks. Investors may obtain a copy from the SEC's website and from each company. The stockholders vote is scheduled for November 15, while we're continuing to plan for the integration of GulfMark, pending required approvals, our comments related to the transaction will be limited to our prepared remarks. If there are updates related to the deal, we will announce them broadly. With that, I will turn the call over to John.