Civeo (CVEO) Misses Q3 EPS by 4c
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Civeo Reports Third Quarter 2017 Results
October 26, 2017 6:00 AM EDTHOUSTON, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Civeo Corporation (NYSE: CVEO) today reported financial and operating results for the third quarter ended September 30, 2017.
Highlights include:
Delivered third quarter revenues of $97.5 million Generated $31.1 million in operating cash flow and $29.6 million in free cash flow Awarded a five-year catering contract to operate a 450 room oil sands operator-owned facility in Canada with expected revenues totaling approximately C$32 million over the contract Repaid $4.2 million of debt in the third quarter, making $52 million of total debt repayments year-to-date. Total debt including $23 million in foreign... More