CVEO Q2 2022 Earnings — Civeo Corporation Revenue & Financial Results | Market Cap Arena

CVEOCiveo Corporation

$360M

Q2 2022 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$185M+20.0% YoY

Gross Profit

$55M29.7% margin

Operating Income

$14M7.7% margin

Net Income

$10M5.2% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+11.6%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$17M

Stock-Based Comp.

$942,000

Balance Sheet

Total Assets

$637M

Total Liabilities

$274M

Stockholders' Equity

$361M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$185M	$154M	+20.0%
Gross Profit	$55M	$46M	+18.9%
Operating Income	$14M	$2M	+569.0%
Net Income	$10M	$13,000	+73500.0%

Revenue Segments

Service and Other

$177M96%

Mobile Facility Rental

$7M4%

Product

$665,0000%

Geographic Segments

Canada Segment

$109M62%

Australia Segment

$68M38%