{"schema_version":"secwatch.filing_event.v1","accession":"0001590584-25-000130","form_type":"8-K","ticker":"CVEO","cik":"0001590584","company_name":"Civeo Corp","filed_at":"2025-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.846017+00:00","generated_at":"2026-05-17T01:06:48.998325+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Civeo Q3 revenue $170.5M, Adj EBITDA $28.8M (up $10M YoY); repurchased 1.05M shares; tightens FY25 guidance","bullets":["Australia segment revenue $124.5M (+7% YoY), Adjusted EBITDA $26.7M (+19% YoY) from May acquisition and higher occupancy.","Canada segment revenue $46.0M (-20% YoY) but gross margin improved to 22.5% from 13.3% via cost cuts (overhead -23%, field costs -29%).","Full-year 2025 guidance tightened: revenue $640-655M, Adjusted EBITDA $86-91M; capex unchanged at $20-25M.","Repurchased 1,051,000 shares for $26.2M (~8% of shares outstanding); 69% of current authorization complete.","Net loss narrowed to $0.5M ($0.04 diluted EPS) from $5.1M loss ($0.36) in Q3 2024; net debt $175.9M, leverage 2.1x."],"urls":{"canonical":"https://secwatch.observer/filing/0001590584-25-000130","json":"https://secwatch.observer/filing/0001590584-25-000130.json","markdown":"https://secwatch.observer/filing/0001590584-25-000130.md","text":"https://secwatch.observer/filing/0001590584-25-000130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590584/000159058425000130/0001590584-25-000130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590584/000159058425000130/cveo-20251031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:06:48.998325+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}