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Civeo: 2Q Earnings Snapshot

July 29, 2019

HOUSTON (AP) _ Civeo Corp. (CVEO) on Monday reported a loss of $14.8 million in its second quarter.

On a per-share basis, the Houston-based company said it had a loss of 9 cents. Losses, adjusted for asset impairment costs, came to 6 cents per share.

The provider of remote-site workforce housing posted revenue of $122.2 million in the period.

The company’s shares closed at $1.66. A year ago, they were trading at $4.04.


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

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