Civeo reports Q4 net loss $15.1M; Canada segment revenue down 44% YoY

Civeo Corp

2024-FY EPS reported -$1.19 revenue$682,122,000

Q4 2024 revenue $151.0M (from $170.8M YoY); net loss $15.1M vs net income $23.0M.
Full year 2024 revenue $682.1M, net loss $17.1M; Adj EBITDA $79.9M from $106.5M in 2023.
Australia segment revenue up 23% YoY to $110.0M; Canada segment revenue down 44% to $40.7M.
FY2025 guidance: revenue $630-660M, Adj EBITDA $80-90M; Australian village acquisition expected Q2 2025.

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