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AI brief of an SEC Form 8-K · Civeo Corp (CVEO)

Civeo Q2 revenue rises 11% to $180.0 million; adjusted EBITDA slips to $23.8 million

Mixed Impact 3 of 5 earnings Written later

Civeo reported second-quarter 2026 revenue of $180.0 million, up 11% from a year earlier, and a net loss of $2.5 million, or $0.23 per diluted share, narrowed from $3.3 million a year earlier. Adjusted EBITDA fell to $23.8 million from $25.0 million, and the company maintained its full-year 2026 revenue and Adjusted EBITDA guidance. The company also issued $115.0 million of 4.50% convertible senior notes due 2031 and repurchased 660,297 shares for about $22.3 million.

Key points

  • Q2 2026 revenue was $180.0 million, up from $162.7 million; net loss was $2.5 million, or $0.23 per diluted share, versus $3.3 million, or $0.25, a year earlier
  • Adjusted EBITDA was $23.8 million, down from $25.0 million, with Canadian start-up costs for a new integrated services contract cited as a factor
  • Full-year 2026 guidance was maintained at $675 million to $700 million in revenue and $85 million to $90 million in Adjusted EBITDA
  • Convertible notes closed July 7, 2026; the company said it intends to settle principal in cash

The filing

CompanyCiveo Corp (CVEO)
Form8-K, current report
Filed with the SECJul 30, 2026, 7:54 AM ET
Accession number0001590584-26-000075

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.