Civeo(US:CVEO) Newsfileยท2025-07-29 20:31Core Insights - Civeo Corporation reported 2Q25 revenue of $162.7 million, Adjusted EBITDA of $25.0 million, and Adjusted EPS of ($0.25), which were slightly below expectations [1] - The Australian segment contributed positively to revenue, while the Canadian business faced ongoing macro-driven challenges [1] Financial Performance - Revenue of $162.7 million compared to consensus estimates of $167.5 million and $163.0 million [1] - Adjusted EBITDA of $25.0 million was below the estimates of $25.6 million and $22.6 million [1] - Adjusted EPS of ($0.25) compared to estimates of $0.03 and $0.18 [1] Strategic Developments - Civeo repurchased approximately 7% of its outstanding shares for $19.1 million [5] - The company completed the acquisition of four villages in Australia's Bowen Basin, enhancing its regional presence [5] - Civeo was awarded multi-year contracts in the Bowen Basin with an expected revenue of A$314 million [5]