Civeo reports second quarter 2020 results

Houston & calgary, alberta--(business wire)--civeo corporation (nyse:cveo) today reported financial and operating results for the second quarter ended june 30, 2020. highlights include: reported second quarter revenues of $114.7 million, net income of $6.1 million and operating cash flow of $24.5 million; delivered second quarter adjusted ebitda of $28.1 million and free cash flow of $25.1 million; and reduced leverage ratio to 2.34x as of june 30, 2020 from 2.54x as of march 31, 2020.
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