CVEO Q3 2023 Earnings — Civeo Corporation Revenue & Financial Results | Market Cap Arena

CVEOCiveo Corporation

$360M

Q3 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$184M-0.4% YoY

Gross Profit

$53M29.0% margin

Operating Income

$16M8.7% margin

Net Income

$9M4.9% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$27M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$557M

Total Liabilities

$263M

Stockholders' Equity

$291M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$184M	$184M	-0.4%
Gross Profit	$53M	$51M	+5.0%
Operating Income	$16M	$11M	+48.7%
Net Income	$9M	$6M	+57.8%

Revenue Segments

Service and Other

$183M100%

Product

$343,0000%

Geographic Segments

Canada Segment

$95M52%

Australia Segment

$88M48%