Civeo: Q1 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Civeo Corp. (CVEO) on Friday reported a loss of $6.4 million in its first quarter.
The Houston-based company said it had a loss of 42 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.
The provider of remote-site workforce housing posted revenue of $167.6 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $157 million.
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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
