Civeo Reports Fourth Quarter and Full Year 2020 Results
Civeo Corporation (Canada) Common Shares (CVEO)
Last civeo corporation (canada) common shares earnings: 10/25 06:30 am
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US:NYSE Investor Relations:
ir.civeo.com
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Source: Business Wire
HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the fourth quarter and year ended December 31, 2020.Highlights include:Reported fourth quarter revenues of $133.4 million, a net loss of $2.3 million and operating cash flow of $36.7 million;Delivered fourth quarter Adjusted EBITDA of $23.7 million and free cash flow of $33.2 million;Generated $117.4 million of operating cash flow and $111.0 million of free cash flow for the full year 2020;Reduced leverage ratio to 2.11x as of December 31, 2020 from 2.16x as of September 30, 2020; andToday announced the renewal of an integrated services contract in Western Australia with expected revenues of A$62 million over a two-year term and the renewal of two contracts to provide accommodations & hospitality services in our Bowen Basin villages, with expected revenues under these contracts totaling A$39 million over approximately two-year terms.“In spite of the pandemi
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CVEO
Earnings
- 2/29/24 - Beat
CVEO
Sec Filings
- 4/12/24 - Form ARS
- 4/12/24 - Form DEF
- 4/1/24 - Form PRE
- CVEO's page on the SEC website