Civeo Corporation reported earnings results for the fourth quarter ended December 31, 2024. For the fourth quarter, the company reported sales was USD 150.95 million compared to USD 170.8 million a year ago. Net loss was USD 15.07 million compared to net income of USD 23.03 million a year ago. Basic loss per share from continuing operations was USD 1.1 compared to basic earnings per share from continuing operations of USD 1.57 a year ago. Diluted loss per share from continuing operations was USD 1.1 compared to diluted earnings per share from continuing operations of USD 1.55 a year ago. Civeo Corporation reported earnings results for the fourth quarter ended December 31, 2024. For the fourth quarter, the company reported sales was USD 150.95 million compared to USD 170.8 million a year ago. Net loss was USD 15.07 million compared to net income of USD 23.03 million a year ago. Basic loss per share from continuing operations was USD 1.1 compared to basic earnings per share from continuing operations of USD 1.57 a year ago. Diluted loss per share from continuing operations was USD 1.1 compared to diluted earnings per share from continuing operations of USD 1.55 a year ago.
Civeo is a Texas-based hospitality company that provides services such as remote site accommodations and facility management for sectors including mining and sports.