---
schema_version: "secwatch.filing_event.v1"
accession: "0001590584-22-000068"
form_type: "8-K"
ticker: "CVEO"
cik: "0001590584"
company_name: "Civeo Corp"
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:38:13.227892+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Civeo Q1 revenue $165.7M, net income $0.9M; raises FY2022 guidance

## Summary
- Revenue $165.7M (+32% YoY); net income $0.9M vs loss of $10.0M; diluted EPS $0.06 vs ($0.70).
- Adj. EBITDA $25.6M vs $16.2M YoY; raises 2022 revenue guidance to $660-$675M and Adj EBITDA to $95-$102M.
- Canadian rev $96.0M (+55% on constant currency); Adj EBITDA $17.2M (+59% YoY) on higher billed rooms.
- Australian rev $63.5M (+14% cc); Adj EBITDA $15.4M (+21% YoY) on higher Bowen Basin occupancy.

## SEC filing metadata
- accession: 0001590584-22-000068
- form_type: 8-K
- ticker: CVEO
- cik: 0001590584
- company_name: Civeo Corp
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590584/000159058422000068/0001590584-22-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590584/000159058422000068/cveo-20220429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590584-22-000068
- JSON: https://secwatch.observer/filing/0001590584-22-000068.json
- Plain text: https://secwatch.observer/filing/0001590584-22-000068.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.