Civeo Corp (CVEO) News & EventsCVEONews & EventsCiveo Corp

Civeo Reports Q2 Revenue of $180M

Reports Q2 revenue $180M, consensus $170.92M. Bradley Dodson, Civeo's President and Chief Executive Officer, said, "We delivered a solid second quarter with 11% year-over-year revenue growth. In Australia, we benefited from the stronger Australian dollar, revenue growth in our integrated services platform and contributions from our recently acquired villages. In Canada, higher occupancy and our new integrated services contract in Ontario helped drive year-over-year revenue growth, while start-up costs associated with the new contract negatively impacted Adjusted EBITDA."

Company Adjusts FY26 EBITDA Outlook to $85M-$90M

Backs FY26 adjusted EBITDA view $85M-$90M.

Civeo Reports Q1 Revenue of $172.7 Million

Reports Q1 revenue $172.7M vs. $144M last year. Bradley Dodson, Civeo's President and Chief Executive Officer, said, "Disciplined execution powered our strong start to the year, helping to drive meaningful year-over-year growth in both revenue and Adjusted EBITDA. In Australia, our results reflect contributions from our recently acquired villages and continued revenue growth momentum in our integrated services business. In Canada, we achieved significant margin expansion, benefitting from higher occupancy across key lodges and cost savings realized due to the actions we implemented in 2025."