2023-04-28 06:34:46 ET
- CVEO press release ( NYSE: CVEO ): Q1 GAAP EPS of -$0.42 misses by $0.15 .
- Revenue of $167.6M (+1.2% Y/Y) beats by $10.56M .
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As of March 31, 2023, Civeo had total liquidity of approximately $90.6 million, consisting of $78.2 million available under its revolving credit facilities and $12.4 million of cash on hand.
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Civeo’s total debt outstanding on March 31, 2023 was $142.6 million, a $10.6 million increase since December 31, 2022.
- For the full year of 2023, Civeo is maintaining its previously provided revenue and Adjusted EBITDA guidance ranges of $630 million to $650 million and $85 million to $95 million, respectively.
- The Company is increasing full year 2023 capital expenditure guidance to a range of $45 million to $50 million.
For further details see:
CVEO GAAP EPS of -$0.42 misses by $0.15, revenue of $167.6M beats by $10.56M