Civeo (CVEO) Misses Q4 EPS, Revenue Beats
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/24/2026
- Wall St futures fall on Middle East uncertainties ahead of Trump-Xi talks
- Oil extends gains on little sign of progress in US-Iran talks
- BTIG’s Krinsky warns 2000-like signals are mounting
- HSBC remains max bullish on stocks, tells investors to lean into tech
- Analyst explains why the midterm outcome is a “fundamental non-event”
- Wall Street ends down as oil prices, Treasury yields rise
- Anthropic's Claude AI identifies novel enzyme system in DNA search
- Plug Power COO resigns to join another company
- AppLovin (APP) on watch amid 3% drop premarket as boutique comments circulate
- Xtend AI Robotics wins Phase III of USSOCOM lethal drone program
Civeo Reports Fourth Quarter and Full Year 2022 Results
February 28, 2023 6:30 AM ESTHighlights:
Fourth quarter revenues of $162.2 million, net loss of $13.0 million and operating cash flow of $29.4 million; Fourth quarter Adjusted EBITDA of $15.1 million and free cash flow of $25.8 million; Full year revenues of $697.1 million, net income of $2.2 million and operating cash flow of $91.8 million; Full year 2022 Adjusted EBITDA of $112.8 million and free cash flow of $82.6 million; Repurchased 40% of its outstanding Class A Series 1 preferred shares in the fourth quarter of 2022, which was the equivalent of approximately 6% of the Companys fully diluted common shares outstanding at the time of the... More