Civeo Corp (CVEO) revealed Loss for first quarter that decreased from the same period last year but missed the Street estimates.
The company's earnings came in at -$5.13 million, or -$0.35 per share. This compares with -$6.35 million, or -$0.42 per share, in last year's first quarter.
Analysts on average had expected the company to earn -$0.2 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 0.9% to $166.12 million from $167.59 million last year.
Civeo Corp earnings at a glance (GAAP) :
-Earnings (Q1): -$5.13 Mln. vs. -$6.35 Mln. last year.
-EPS (Q1): -$0.35 vs. -$0.42 last year.
-Revenue (Q1): $166.12 Mln vs. $167.59 Mln last year.
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