NYSE$CVEO
Civeo Corp · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported revenues of $162.2 million and a net loss of $13.0 million.
Civeo reported strong Q4 2022 results despite inflationary headwinds, including revenues of $162.2 million. The company generated significant free cash flow and substantially reduced its total debt balance.
- Generated revenues of $162.2 million.
- Net loss of $13.0 million was reported, impacted by $5.7 million in impairment costs.
- Operating cash flow reached $29.4 million.
- Adjusted EBITDA was $15.1 million and free cash flow was $25.8 million.
Headline financials
Revenue & EPS history
Civeo · Revenue · Quarterly
$162M
Revenue by segment
Civeo · $161M total across 2 segments · Q4 2022
- Canada$88M—54.6%
- Australia$73.1M—45.4%
Forward guidance
For the full year of 2023, Civeo expects revenues of $630.0 million to $650.0 million, EBITDA of $85.0 million to $95.0 million and capital expenditures of $25.0 million to $30.0 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+0.4%
Avg return
Earnings day
-0.9%
Avg return
5 days after
+0.0%
Avg return
30 days after
49%
26 / 53 earnings
Positive
+54.8%
Q2 2020
Best reaction
-30.4%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.2% | -2.8% | +5.6% | |
| Q3 2025 | +1.4% | -3.1% | -2.1% | |
| Q2 2025 | -4.4% | -3.1% | -2.4% | |
| Q1 2025 | +0.6% | +0.5% | +10.6% | |
| Q4 2024 | -18.4% | -19.5% | -15.3% | |
| Q3 2024 | -6.7% | -10.2% | -15.0% | |
| Q2 2024 | +8.1% | +7.8% | +11.9% | |
| Q1 2024 | -10.7% | -6.8% | -6.4% | |
| Q4 2023 | +4.2% | +5.1% | +19.4% | |
| Q3 2023 | +3.2% | +9.8% | +22.3% | |
| Q2 2023 | +3.9% | -2.6% | -1.1% | |
| Q1 2023 | +4.8% | +4.6% | +8.1% | |
| Q4 2022 | -30.4% | -25.3% | -34.7% | |
| Q3 2022 | +4.6% | +1.5% | -2.3% | |
| Q2 2022 | -4.3% | -3.0% | +3.3% | |
| Q1 2022 | +11.7% | +9.3% | +12.2% | |
| Q4 2021 | -2.9% | +5.0% | +9.8% | |
| Q3 2021 | +2.2% | +1.9% | -1.0% | |
| Q2 2021 | +5.3% | +3.5% | -0.7% | |
| Q1 2021 | +1.5% | -0.1% | -5.7% | |
| Q4 2020 | -6.6% | -9.2% | -15.4% | |
| Q3 2020 | +16.6% | +14.2% | +106.7% | |
| Q2 2020 | +54.8% | +43.9% | +57.9% | |
| Q1 2020 | +12.0% | +4.1% | +23.8% | |
| Q4 2019 | -11.4% | -17.4% | -69.0% | |
| Q3 2019 | +14.7% | +6.9% | -10.7% | |
| Q2 2019 | -0.6% | -3.0% | -16.3% | |
| Q1 2019 | -6.8% | -13.7% | -31.5% | |
| Q4 2018 | +5.5% | -1.2% | -17.0% | |
| Q3 2018 | -6.6% | -10.3% | -37.6% | |
| Q2 2018 | -4.3% | -9.6% | -5.1% | |
| Q1 2018 | -13.0% | -17.7% | -8.1% | |
| Q4 2017 | +13.7% | +10.6% | +21.3% | |
| Q3 2017 | -13.7% | -7.9% | -11.5% | |
| Q2 2017 | -12.3% | -16.4% | -17.7% | |
| Q1 2017 | -7.7% | -12.3% | -33.6% | |
| Q4 2016 | +2.8% | +7.7% | -17.8% | |
| Q3 2016 | +7.1% | +25.0% | +69.6% | |
| Q2 2016 | +0.7% | +0.7% | -4.4% | |
| Q1 2016 | +11.0% | — | — | |
| Q4 2015 | +7.4% | — | — | |
| Q3 2015 | +16.7% | — | — | |
| Q2 2015 | +15.1% | — | — | |
| Q1 2015 | +22.3% | — | — | |
| Q4 2012 | -22.4% | — | — | |
| Q4 2014 | -14.9% | — | — | |
| Q3 2013 | -5.3% | — | — | |
| Q3 2014 | -5.3% | — | — | |
| Q2 2014 | -4.8% | — | — | |
| Q2 2013 | -2.3% | — | — | |
| Q4 2013 | -3.7% | — | — | |
| Q1 2013 | -3.7% | — | — | |
| Q1 2014 | -5.7% | — | — |
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