HOUSTON (AP) — HOUSTON (AP) — Civeo Corp. (CVEO) on Thursday reported profit of $23 million in its fourth quarter.
On a per-share basis, the Houston-based company said it had profit of $1.55. Earnings, adjusted for non-recurring gains, came to 6 cents per share.
The provider of remote-site workforce housing posted revenue of $170.8 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $151.1 million.
For the year, the company reported profit of $30.2 million, or $2.01 per share. Revenue was reported as $700.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVEO at https://www.zacks.com/ap/CVEO