Brief: Civeo Reports Q2 Earnings Per Share $0.03

Civeo

29/07/2020 11:35

July 29 (Reuters) - Civeo Corp  CVEO.N :
    * CIVEO REPORTS SECOND QUARTER 2020 RESULTS
    * SEES FY 2020 REVENUE $476 MILLION TO $486 MILLION
    * Q2 REVENUE $114.7 MILLION
    * Q2 EARNINGS PER SHARE $0.03
    * EXPECT OCCUPANCY IN CANADA TO IMPROVE MODESTLY IN SECOND
HALF OF
2020 COMPARED TO Q2 RUN RATE
    * SEES FULL YEAR 2020 ADJUSTED EBITDA OF $80 MILLION TO $85
MILLION
    * MAINTAINING ITS FULL YEAR 2020 CAPITAL EXPENDITURE
GUIDANCE OF
ABOUT $15 MILLION

Source text for Eikon:  ID:nBw8VVdc5a 
Further company coverage:  CVEO.N 

 ((Reuters.Briefs@thomsonreuters.com;))