{"schema_version":"secwatch.filing_event.v1","accession":"0001590584-23-000070","form_type":"8-K","ticker":"CVEO","cik":"0001590584","company_name":"Civeo Corp","filed_at":"2023-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.556808+00:00","generated_at":"2026-06-16T06:29:03.010005+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Civeo Q1 net loss of $6.4M; Adj EBITDA $20.2M; Australia contract wins A$175M","bullets":["Revenue $167.6M (flat YoY); net loss $0.42/diluted share vs. $0.06 profit in Q1 2022.","Adj EBITDA $20.2M vs. $25.6M YoY; driven by mobile camp decline and inflation.","Canada rev down 7% to $89.5M; Australia rev up 21% to $77.0M on new contracts.","FY2023 guidance maintained: rev $630-650M, Adj EBITDA $85-95M; capex raised to $45-50M (customer-funded).","Five Australia contract awards total A$175M spanning 2023-2028."],"urls":{"canonical":"https://secwatch.observer/filing/0001590584-23-000070","json":"https://secwatch.observer/filing/0001590584-23-000070.json","markdown":"https://secwatch.observer/filing/0001590584-23-000070.md","text":"https://secwatch.observer/filing/0001590584-23-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590584/000159058423000070/0001590584-23-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590584/000159058423000070/cveo-20230428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T06:29:03.010005+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1e2671fd993532ef96aef061600b32310d291440","claim":"Civeo Corp reported the full year of 2023 results: revenue $630 million to $650 million. Guidance reaffirmed.","evidence_excerpt":"For the full year of 2023, Civeo is maintaining its previously provided revenue and Adjusted EBITDA guidance ranges of $630 million to $650 million and $85 million to $95 million, respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590584/000159058423000070/0001590584-23-000070-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year of 2023"},{"label":"Revenue","value":"$630 million to $650 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"6f4cd38d0256074243e4698897f8cd8e575431db","claim":"Civeo Corp reported first quarter ended March 31, 2023 results: revenue $167.6 million, net income $6.4 million, EPS $(0.42) per diluted share. Guidance reaffirmed.","evidence_excerpt":"In the first quarter of 2023, Civeo generated revenues of $167.6 million and reported a net loss of $6.4 million, or $0.42 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590584/000159058423000070/0001590584-23-000070-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$167.6 million"},{"label":"Net income","value":"$6.4 million"},{"label":"EPS","value":"$(0.42) per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}