Civeo Corporation Reports Q1 2023 Net Loss of $6.3 Million

Civeo Corporation,(CVEO) a leading provider of w orkforce accommodations, has released its unaudited financial statements for the first quarter of 2023. The company reports a net loss of $6.3 million, while its revenue for the same period reaches $167.6 million. Let's delve deeper into the financial data to understand the factors contributing to Civeo's financial performance.

Civeo Corporation Reports Q1 2023 Net Loss of $6.3 Million

Civeo Corporation, a leading provider of workforce accommodations, announced its financial results for the first quarter of 2023, reporting a net loss of $6.3 million. The company's performance faced headwinds in Q1, impacting its bottom line.

Company's Q1 2023 Revenue Reaches $167.6 Million, Showing a Slight Increase