Lodging provider Civeo to release earnings report next week

Mancamp-provider Civeo Corporation, the Canadian-based firm with manufacturing operations in Oklahoma plans to release its third quarter 2019 earnings report on Friday, October 25.

The report will be released before the market opens on that day and company management will later hold a conference call at 10 a.m. Central Time to discuss the results.

With facilities in Yukon, El Reno and Kingfisher, Civeo reported an 8% increase in its second quarter 2019 earnings over a year ago. Civeo delivered revenues of $122.2 million but also had a second quarter net loss of $15.3 million with adjusted earnings of $26.5 million.

Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently operates a total of 33 lodges and villages in operation in Canada, Australia and the U.S., with an aggregate of approximately 33,000 rooms.