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CVEOBearishEarningsnews
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Civeo (CVEO) Reports Q1 Loss, Tops Revenue Estimates

Apr 26, 2024, 8:55 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Civeo reported a quarterly loss of $0.26 per share, worse than estimates. - Revenues for the quarter were $166.12 million, surpassing estimates by 7.36%. - Civeo shares have gained 13% YTD, outperforming S&P 500's gain of 5.8%. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Civeo reported a quarterly loss of $0.26 per share, worse than estimates.
  • Revenues for the quarter were $166.12 million, surpassing estimates by 7.36%.
  • Civeo shares have gained 13% YTD, outperforming S&P 500's gain of 5.8%.

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