Civeo Reports Fourth Quarter and Full Year 2020 Results
HOUSTON CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the fourth quarter and year ended December 31, 2020. Highlights include: Reported fourth quarter revenues of $133.4 million, a net loss of $2.3 million and operating cash flow of $36.7 million; Delivered fourth quarter Adjusted EBITDA of $23.7 million and free cash flow of $33.2 million; Generated $117.4 million of operating cash flow and $111.0 million of free cash flow
Civeo Reports Fourth Quarter and Full Year 2020 Results
HOUSTON CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the fourth quarter and year ended December 31, 2020. Highlights include: Reported fourth quarter revenues of $133.4 million, a net loss of $2.3 million and operating cash flow of $36.7 million; Delivered fourth quarter Adjusted EBITDA of $23.7 million and free cash flow of $33.2 million; Generated $117.4 million of operating cash flow and $111.0 million of free cash flow