Civeo Reports Q1 2026 Earnings with Revenue Growth and Improved EBITDA
Civeo (CVEO) reported Q1 2026 earnings with consolidated revenue of $172.7 million, up 20%, driven by higher occupancy in Canada, Australian acquisitions, and favorable currency movements. Adjusted EBITDA rose 78% to $22.5 million, while the company recorded a net loss of $3.8 million, an improvement from the prior-year quarter. The Australian and Canada segments both showed revenue growth and improved EBITDA.
Topics: earnings EBITDA liquidity net loss revenue share repurchases