{"schema_version":"secwatch.filing_event.v1","accession":"0001590584-23-000115","form_type":"8-K","ticker":"CVEO","cik":"0001590584","company_name":"Civeo Corp","filed_at":"2023-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.671651+00:00","generated_at":"2026-06-09T07:01:39.073556+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Civeo Q3 net income $9M, Adj EBITDA $32.9M; raises FY guidance; sells McClelland Lake Lodge for $36M","bullets":["Q3 revenues $183.6M (flat YoY); net income $9.0M ($0.61 diluted EPS) vs $5.2M ($0.32) in Q3 2022.","Adjusted EBITDA $32.9M; free cash flow $31.7M; total debt reduced $32.9M to $103.2M (0.9x net leverage).","Canada segment rev $95.1M (-8% constant currency); Australia rev $87.9M (+24% constant currency) with record village billed rooms.","Announced sale of McClelland Lake Lodge for C$49M (~US$36M); initiated $0.25 quarterly dividend; raised FY revenue/EBITDA guidance to $675-685M/$95-100M."],"urls":{"canonical":"https://secwatch.observer/filing/0001590584-23-000115","json":"https://secwatch.observer/filing/0001590584-23-000115.json","markdown":"https://secwatch.observer/filing/0001590584-23-000115.md","text":"https://secwatch.observer/filing/0001590584-23-000115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590584/000159058423000115/0001590584-23-000115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590584/000159058423000115/cveo-20231027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T07:01:39.073556+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":"c819fc04664f04183a7a64e2d0d44ea08272313d","claim":"Civeo Corp reported the third quarter ended September 30, 2023 results: revenue $183.6 million, net income $9.0 million, EPS $0.61 per diluted share. Guidance raised.","evidence_excerpt":"expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Civeo Reports Third Quarter 2023 Results Third Quarter Highlights: • Reported revenues of $183.6 million, net income of $9.0 million and operating cash flow of $36.8 million; • Delivered Adjusted EBITDA of $32.9 million and free cash flow of $31.7 million; • Reduced total debt by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590584/000159058423000115/0001590584-23-000115-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$183.6 million"},{"label":"Net income","value":"$9.0 million"},{"label":"EPS","value":"$0.61 per diluted share"},{"label":"Guidance","value":"raised"},{"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"}