Civeo Reports Strong Q1 Results with Revenue and EBITDA Growth
Civeo Corporation (CVEO) reported first-quarter results that exceeded expectations in May 2026, driven by a 20% increase in consolidated revenue to $172.7 million and an adjusted EBITDA surge of 78% to $22.5 million. The company raised its full-year revenue guidance but maintained the same adjusted EBITDA range due to higher input costs.
Topics: ebitda improvement financial performance guidance update revenue growth