CVEO Q3 2024 Earnings — Civeo Corporation Revenue & Financial Results | Market Cap Arena

CVEOCiveo Corporation

$360M

Q3 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$176M-3.9% YoY

Gross Profit

$38M21.4% margin

Operating Income

$44,0000.0% margin

Net Income

-$5M-2.9% margin

EPS (Diluted)

$-0.36

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$28M

Stock-Based Comp.

$721,000

Balance Sheet

Total Assets

$478M

Total Liabilities

$194M

Stockholders' Equity

$282M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$176M	$184M	-3.9%
Gross Profit	$38M	$53M	-29.1%
Operating Income	$44,000	$16M	-99.7%
Net Income	-$5M	$9M	-156.4%

Revenue Segments

Service and Other

$176M100%

Product

$259,0000%

Mobile Facility Rental

$111,0000%

Geographic Segments

Australia Segment

$117M67%

Canada Segment

$58M33%