Civeo (CVEO) Posts Q2 Loss of 13c/Share

Civeo (NYSE: CVEO) reported Q2 EPS of ($0.13), which may not compare with the analyst estimate of ($0.09). Revenue for the quarter came in at $227.1 million versus the consensus estimate of $137.13 million.

Loss included a $6.6 million (or $0.06 per diluted share) after-tax loss related to the impairment of fixed assets at a village in Australia and a $1.6 million (or $0.02 per diluted share) after-tax loss from costs incurred in connection with the migration to Canada.

For earnings history and earnings-related data on Civeo (CVEO) click here.

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