CVEO Q2 2024 Earnings — Civeo Corporation Revenue & Financial Results | Market Cap Arena

CVEOCiveo Corporation

$360M

Q2 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$189M+5.5% YoY

Gross Profit

$48M25.4% margin

Operating Income

$13M6.9% margin

Net Income

$8M4.4% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

+13.6%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$27M

Stock-Based Comp.

$609,000

Balance Sheet

Total Assets

$483M

Total Liabilities

$184M

Stockholders' Equity

$297M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$189M	$179M	+5.5%
Gross Profit	$48M	$47M	+1.0%
Operating Income	$13M	$10M	+28.9%
Net Income	$8M	$4M	+84.3%

Revenue Segments

Service and Other

$188M100%

Mobile Facility Rental

$248,0000%

Product

$232,0000%

Geographic Segments

Australia Segment

$109M58%

Canada Segment

$80M42%