Seacor (SMHI) Q2 Revenue Drops 13%

Seacor Marine (NYSE:SMHI), a leading provider of marine and support vessels for the offshore energy industry, reported results for Q2 2025 on July 30, 2025. The company announced GAAP revenue of $60.8 million, missing analyst expectations by 12.3%, though its GAAP loss per share of $(0.26) was slightly better than the anticipated $(0.27). Compared to Q2 2024, GAAP operating revenue declined by 13.0%. Direct vessel profit (a non-GAAP measure) margins came under pressure due to high repair and drydocking expenses. The quarter reflected a mix of ongoing operational challenges and sequential improvements, driven by the company's continued efforts to modernize its fleet and streamline its capital structure. Source: Analyst estimates for the quarter provided by FactSet. Seacor Marine operates a diverse fleet of offshore support vessels, including platform supply vessels (PSVs), fast support vessels (FSVs), and liftboats. Its vessels are specialized for transporting equipment, supplies, and personnel to offshore energy facilities around the world. The company’s core operations span major energy markets, leveraging technological enhancements like hybrid power systems and dynamic positioning technology to serve global oil and gas, as well as renewable energy, customers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool