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Civeo Reports First Quarter 2025 Results

1. Civeo reports Q1 growth in Australia despite Canadian macroeconomic challenges. 2. Topline growth aligns with expectations due to integrated services contract.

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+1.09%S&P 500
$20.0904/30 06:42 AM EDTEvent Start
$19.04505/01 01:53 PM EDTLatest Updated
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FAQ

Why Bullish?

Civeo's growth in Australia suggests strong demand. Previous growth trends often correlate with positive stock performance.

How important is it?

Current financial results indicate growth, impacting investor confidence and future transactions.

Why Short Term?

Immediate financial results can influence trading sentiment; quarterly performance impacts stock in the near term.

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SLBPTENNBR
HOUSTON--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the first quarter ended March 31, 2025. “Our first quarter results were consistent with our expectations; we continued to deliver topline growth in Australia supported by our recent integrated services contract award, and our operations in Canada continued to be impacted by macroeconomic headwinds that intensified in the first quarter,” said Bradley J. Dodson, Civeo's President and Chief E.

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