Civeo Q1 Earnings Beat Estimates Steered By Jump In Lodging Demand
Civeo Corp (NYSE:CVEO) reported first-quarter FY22 sales growth of 32%, to $165.68 million, beating the consensus of $142.24 million. The revenue increase was primarily due to a significant rise in Canadian lodge billed rooms, increased Canadian mobile camp activity, and improved Australian village billed rooms. Canada segment sales rose 55% Y/Y to…
Benzinga ·
Benzinga
