- CVEO press release ( NYSE: CVEO ): Q4 GAAP EPS of -$1.31 misses by $0.70 .
- Revenue of $162.2M (+1.5% Y/Y) beats by $16.24M .
- During the fourth quarter of 2022, Civeo produced operating cash flow of $29.4M, Adjusted EBITDA of $15.1M and free cash flow of $25.8M.
- Guidance: For the full year of 2023, Civeo expects revenues of $630.0 million to $650.0 million vs $662.32M consensus, EBITDA of $85.0 million to $95.0 million and capital expenditures of $25.0 million to $30.0 million.
For further details see:
CVEO reports mixed Q4 earnings; initiates FY23 outlook