CVEO Q3 2022 Earnings — Civeo Corporation Revenue & Financial Results | Market Cap Arena

CVEOCiveo Corporation

$360M

Q3 2022 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$184M+18.8% YoY

Gross Profit

$51M27.5% margin

Operating Income

$11M5.9% margin

Net Income

$6M3.1% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$30M

Stock-Based Comp.

$887,000

Balance Sheet

Total Assets

$583M

Total Liabilities

$247M

Stockholders' Equity

$333M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$184M	$155M	+18.8%
Gross Profit	$51M	$44M	+16.3%
Operating Income	$11M	$6M	+79.5%
Net Income	$6M	$544,000	+950.9%

Revenue Segments

Service and Other

$178M96%

Mobile Facility Rental

$6M3%

Product

$938,0001%

Geographic Segments

Canada Segment

$103M58%

Australia Segment

$74M42%