Stonegate Capital Partners has updated their coverage on Civeo Corporation (NYSE: CVEO) following the company's 2025 Q2 financial results. Civeo reported revenue of $162.7 million and Adjusted EBITDA of $25.0 million, although revenue was slightly below expectations. The company also repurchased approximately 7% of shares for $19.1 million. Additionally, Civeo completed the acquisition of four villages in Australia's Bowen Basin and secured multi-year contracts in the region totaling A$314 million in expected revenue. More details can be found at newsfilecorp.com/release/174989.
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