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Seacor (SMHI) Q2 Revenue Drops 13%

31 July 2025
in Business
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Seacor (SMHI) Q2 Revenue Drops 13%
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Seacor Marine (NYSE:SMHI) reported Q2 2025 results on July 30, revealing GAAP revenue of $60.8 million, missing expectations by 12.3%, while its GAAP loss per share of $(0.26) was slightly better than anticipated. The company’s operating revenue declined by 13.0% year-over-year due to high repair expenses, although ongoing fleet modernization efforts showed some sequential improvements.

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