Civeo Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 0.383 million compared to USD 0.021 million a year ago. Revenue was USD 166.12 million compared to USD 167.59 million a year ago.

Net loss was USD 5.13 million compared to USD 6.35 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 0.42 a year ago. Diluted loss per share from continuing operations was USD 0.35 compared to USD 0.42 a year ago.