Civeo Corporation reported mixed Q3 2025 results, demonstrating strong quarterly operational leverage but facing significant year-over-year deterioration in cumulative nine-month performance, driven by segment divergence and cash flow compression.
Financial Performance Summary (Q3 vs. 9 Months Ended Sept 30, 2025) Consolidated revenue declined 3% in Q3 to $170.5M and was down YoY for the nine months to $477.2M (from $531.2M in 2024). Despite lower top-line results, Q3 saw operational improvement: Net Loss narrowed sharply from \(\\)(5.1)M\( to **\)$(0.5)M** (\(\\)(0.04)$ EPS), and O
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