Civeo Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 0.737 million compared to USD 18.32 million a year ago. Revenue was USD 700.81 million compared to USD 697.05 million a year ago.

Net income was USD 30.16 million compared to USD 4 million a year ago. Basic earnings per share from continuing operations was USD 2.02 compared to basic loss per share from continuing operations of USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 2.01 compared to diluted loss per share from continuing operations of USD 0.21 a year ago.