Civeo: 1Q Earnings Snapshot
Civeo: 1Q Earnings Snapshot
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HOUSTON (AP) _ Civeo Corp. (CVEO) on Friday reported a loss of $17 million in its first quarter.
The Houston-based company said it had a loss of 11 cents per share.
The provider of remote-site workforce housing posted revenue of $108.6 million in the period.
For the current quarter ending in July, Civeo said it expects revenue in the range of $113 million to $118 million.
The company expects full-year revenue in the range of $475 million to $485 million.
The company's shares closed at $2.18. A year ago, they were trading at $3.90.
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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
