---
schema_version: "secwatch.filing_event.v1"
accession: "0001590584-25-000117"
form_type: "8-K"
ticker: "CVEO"
cik: "0001590584"
company_name: "Civeo Corp"
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:41:58.714689+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Civeo Q2 revenue $162.7M, net loss $3.3M; Canadian segment down 37% YoY

## Summary
- Q2 rev $162.7M (down 14% YoY); net loss $3.3M vs net income $8.2M in Q2 2024.
- Adjusted EBITDA $25.0M vs $31.9M; negative operating cash flow $2.3M.
- Repurchased 883k shares for $19.1M at avg $21.64/share (~7% of shares outstanding).
- Canadian segment rev fell 37% to $50.0M on customer cuts; two lodges in cold-closure.
- FY2025 guidance maintained: rev $640-670M, Adj EBITDA $86-96M, capex $20-25M.

## SEC filing metadata
- accession: 0001590584-25-000117
- form_type: 8-K
- ticker: CVEO
- cik: 0001590584
- company_name: Civeo Corp
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590584/000159058425000117/0001590584-25-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590584/000159058425000117/cveo-20250729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590584-25-000117
- JSON: https://secwatch.observer/filing/0001590584-25-000117.json
- Plain text: https://secwatch.observer/filing/0001590584-25-000117.txt

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