Civeo Reports First Quarter 2024 Results

HOUSTON & CALGARY, Canada--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the first quarter ended March 31, 2024. "Through continued safe and effective operations, our first quarter 2024 results were in line with expectations. The first quarter results were highlighted by the significant year-over-year improvement in our Australian segment with revenues up 19%, operating income up 22% and Adjusted EBITDA up 43% as a result of increased activity