Civeo Q1 Earnings Beat Estimates Steered By Jump In Lodging Demand
Civeo Corp (NYSE: CVEO ) reported first-quarter FY22 sales growth of 32% , to $165.68 million, beating the consensus of $142.24 million. The revenue increase was primarily due to a significant rise in Canadian lodge billed rooms, increased Canadian mobile camp activity, and improved Australian village billed rooms. Canada segment sales rose 55% Y|Y to $96 million, the Australian segment increased 6.5% to $63.5 million, and … Full story available on Benzinga.com
Civeo Q1 Earnings Beat Estimates Steered By Jump In Lodging Demand
Civeo Corp (NYSE: CVEO ) reported first-quarter FY22 sales growth of 32% , to $165.68 million, beating the consensus of $142.24 million. The revenue increase was primarily due to a significant rise in Canadian lodge billed rooms, increased Canadian mobile camp activity, and improved Australian village billed rooms. Canada segment sales rose 55% Y|Y to $96 million, the Australian segment increased 6.5% to $63.5 million, and … Full story available on Benzinga.com