Civeo Corporation Reports Second Quarter 2016 Results

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Civeo (CVEO) Reports In-Line Q1 Loss; Guides Q3, FY16

July 28, 2016 5:04 PM EDT

Civeo (NYSE: CVEO) reported Q1 EPS of ($0.13), in-line with the analyst estimate of ($0.13). Revenue for the quarter came in at $107 million versus the consensus estimate of $99.3 million.

THIRD QUARTER AND FULL YEAR 2016 GUIDANCE

For the third quarter of 2016, the Company expects revenues of $93... More