Civeo (CVEO) Tops Q3 EPS by 8c

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Go back to Civeo (CVEO) Tops Q3 EPS by 8c

Civeo Reports Third Quarter 2020 Results

October 28, 2020 6:30 AM EDT

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)-- Civeo Corporation (NYSE: CVEO) today reported financial and operating results for the third quarter ended September 30, 2020.

Highlights include:

Reported third quarter revenues of $142.9 million, net income of $6.5 million and operating cash flow of $35.4 million; Delivered third quarter Adjusted EBITDA of $36.0 million and free cash flow of $34.4 million; Generated $80.7 million of operating cash flow and $77.8 million of free cash flow year-to-date; Completed an amendment and... More