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Civeo(CVEO) - 2024 Q3 - Quarterly Results
CiveoCiveo(US:CVEO)2024-10-30 13:02

Civeo Reports Third Quarter 2024 Results Third Quarter Highlights include: • Reported revenues of $176.3 million, net loss of $5.1 million and operating cash flow of $35.7 million; • Delivered Adjusted EBITDA of $18.8 million and free cash flow of $28.3 million; • Returned $17.8 million of capital to shareholders in the quarter through the quarterly dividend and share repurchases; • Australian segment continues to deliver strong growth, with revenues up 33% on a year-over-year basis, driven by both increase ...