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Civeo: 4Q Earnings Snapshot

February 26, 2021 GMT

HOUSTON (AP) _ Civeo Corp. (CVEO) on Friday reported a loss of $1.8 million in its fourth quarter.

On a per-share basis, the Houston-based company said it had a loss of 16 cents.

The provider of remote-site workforce housing posted revenue of $133.4 million in the period.

For the year, the company reported that its loss widened to $134.3 million, or $9.64 per share. Revenue was reported as $529.7 million.

Civeo expects full-year revenue in the range of $555 million to $565 million.

Civeo shares have increased 38% since the beginning of the year. The stock has risen 21% in the last 12 months.



This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVEO at https://www.zacks.com/ap/CVEO