SEACOR Marine swings to FY26 Q2 profit of $3.29 million; revenue falls 10.2% to $54.6 million vs FY25 Q2

Reuters2026/07/29 20:44

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

SEACOR Marine posted net income of $3.3 million, or $0.13 a share, swinging from a net loss a year earlier.
Operating income rose to $16 million as revenue fell 10.2% year over year to $54.6 million.
Average day rates increased to $20,227; utilization held at 68%.
Direct vessel profit dropped to $7.9 million; margin narrowed to 14.5% from 18.6%.
Completed sale of five vessels for net cash proceeds of $44.7 million; board began evaluating strategic alternatives including a sale or merger.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SEACOR Marine Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001690334-26-000021), on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

SEACOR Marine swings to FY26 Q2 profit of $3.29 million; revenue falls 10.2% to $54.6 million vs FY25 Q2

You may also like

Crypto prices