Civeo Corporation reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 170.8 million compared to USD 162.19 million a year ago. Net income was USD 23.03 million compared to net loss of USD 12.7 million a year ago.

Basic earnings per share from continuing operations was USD 1.57 compared to basic loss per share from continuing operations of USD 1.31 a year ago. Diluted earnings per share from continuing operations was USD 1.55 compared to diluted loss per share from continuing operations of USD 1.31 a year ago.