Civeo Corp (CVEO) reported earnings for its second quarter that increased from the same period last year
The company's earnings totaled $8.23 million, or $0.56 per share. This compares with $4.46 million, or $0.30 per share, in last year's second quarter.
The company's revenue for the quarter rose 5.5% to $188.71 million from $178.84 million last year.
Civeo Corp earnings at a glance (GAAP) :
-Earnings (Q2): $8.23 Mln. vs. $4.46 Mln. last year.-EPS (Q2): $0.56 vs. $0.30 last year.-Revenue (Q2): $188.71 Mln vs. $178.84 Mln last year.
-Guidance:Full year revenue guidance: $625 Mln-$700 Mln
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.