Seacor Marine Holdings Reports Improved Earnings Amid Asset Sales

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2025.11.04 04:09
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Seacor Marine Holdings Inc. reported improved earnings for Q3 2025, with a net income of $8.99 million, up from a net loss of $16.35 million a year prior. Operating revenues fell to $59.19 million, but asset sales generated gains of $30.23 million. Operating expenses decreased to $47.68 million, leading to an operating income of $18.07 million. Total assets declined to $692.5 million due to asset sales, while long-term debt remained at $311.86 million. The company aims to optimize its asset portfolio and manage costs amid challenging market conditions.