Civeo (CVEO) Tops Q4 EPS by 6c

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Civeo Announces Fourth Quarter and Full Year 2014 Earnings

March 12, 2015 10:42 PM EDT

Fourth quarter revenue and Adjusted EBITDA, excluding impairments and other items, exceeded previously provided guidance Maintaining first quarter 2015 guidance and adjusting full year guidance for weakness in Australian and Canadian dollars Continue to focus on maximizing occupancy and revenues, reducing costs and limiting capital spending

HOUSTON, March 12, 2015 (GLOBE NEWSWIRE) -- Civeo Corporation (NYSE: CVEO) today reported financial results for the fourth quarter and full year ended December 31, 2014.

Bradley J. Dodson, President and Chief Executive Officer of Civeo, said, "Given the challenging market environment, we... More