Civeo (CVEO) Reports Q4 EPS of 58c
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Civeo Reports Fourth Quarter and Full Year 2021 Results
February 28, 2022 6:30 AM ESTFourth Quarter & Full Year 2021 Highlights:
Fourth quarter revenues of $159.8 million, net income of $9.8 million and operating cash flow of $25.3 million; Fourth quarter Adjusted EBITDA of $34.5 million and free cash flow of $26.1 million; Reduced net leverage ratio to 1.49x as of December 31, 2021 from 1.86x as of September 30, 2021; and $88.5 million of operating cash flow and $87.3 million of free cash flow for the full year 2021.HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)-- Civeo Corporation (NYSE: CVEO) today reported financial and... More
