Civeo reports fourth quarter and full year 2022 results

Houston & calgary, alberta--(business wire)--civeo corporation (nyse:cveo) today reported financial and operating results for the fourth quarter and year ended december 31, 2022. “despite inflationary headwinds in 2022, civeo reported strong results. we operated safely while achieving higher revenues and adjusted ebitda compared to 2021. we also generated significant free cash flow and substantially reduced our total debt balance as well as our net leverage ratio,” said bradley j.
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