Day Rates and Utilization ImprovePresident and CEO Quintin Kneen said revenue and gross margin both exceeded company expectations. It expects net leverage to rise to approximately 0.8 times following the Wilson Sons transaction. Third-quarter revenue is expected to increase about 3%, including one month of Wilson Sons revenue. Approximately 69% of remaining available 2026 days are covered by firm backlog and options, including the Wilson Sons fleet. While Tidewater has not repurchased shares this year ahead of the Wilson Sons closing, its $500 million repurchase authorization remains available.