Civeo: 2Q Earnings Snapshot
Posted July 29, 2020 6:53 am.
Last Updated July 29, 2020 6:54 am.
This article is more than 5 years old.
HOUSTON (AP) _ Civeo Corp. (CVEO) on Wednesday reported second-quarter net income of $6.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Houston-based company said it had profit of 3 cents. Earnings, adjusted for non-recurring costs, were 6 cents per share.
The provider of remote-site workforce housing posted revenue of $114.7 million in the period.
The company’s shares closed at 54 cents. A year ago, they were trading at $1.65.
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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
The Associated Press
