CVEOCiveo Corporation

$360M

Q4 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$171M+5.3% YoY

Gross Profit

$36M20.9% margin

Operating Income

$17M10.1% margin

Net Income

$23M13.5% margin

EPS (Diluted)

$1.55

QoQ Revenue Growth

-7.0%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$30M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$548M

Total Liabilities

$225M

Stockholders' Equity

$320M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$171M	$162M	+5.3%
Gross Profit	$36M	$35M	+3.5%
Operating Income	$17M	-$12M	+240.3%
Net Income	$23M	-$13M	+281.3%

Revenue Segments

Service and Other

$170M99%

Mobile Facility Rental

$724,0000%

Product

$228,0000%

CVEO Q4 2023 Earnings — Civeo Corporation Revenue & Financial Results | Market Cap Arena