Siem Offshore Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 274.31 million compared to USD 254.49 million a year ago. Net income was USD 30.9 million compared to USD 107.86 million a year ago.

Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.73 a year ago.