Civeo Reports First Quarter 2020 Results
HOUSTON CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the first quarter ended March 31, 2020. Highlights include: Reported first quarter revenues of $138.8 million, net loss of $146.5 million and operating cash flow of $20.8 million; the net loss for the first quarter of 2020 included the impact of approximately $144.1 million in non-cash goodwill and asset impairments Delivered first quarter Adjusted EBITDA of $20.3 millio
Civeo Reports First Quarter 2020 Results
HOUSTON CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the first quarter ended March 31, 2020. Highlights include: Reported first quarter revenues of $138.8 million, net loss of $146.5 million and operating cash flow of $20.8 million; the net loss for the first quarter of 2020 included the impact of approximately $144.1 million in non-cash goodwill and asset impairments Delivered first quarter Adjusted EBITDA of $20.3 millio