Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2023 Q3
- GPM increased by approximately 150 basis points year-over-year.
- Australian segment revenues increased by 24% year-over-year on a constant currency basis.
- No negative impacts mentioned in the press release.
Dallas, Texas--(Newsfile Corp. - October 30, 2023) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners updates their coverage on Civeo Corporation.
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- GPM increased ~150bps y/y
- McClelland lake sale announced
- Australian segment revenues up
24% y/y on a constant currency basis
Click image above to view full announcement.
About Stonegate Capital Partners
Stonegate Capital Partners is a Dallas-based corporate advisory firm dedicated to serving the specialized needs of small-cap public companies. Since our inception, our mission has been to find innovative, undervalued public companies for our network of leading institutional investors who seek high-quality investment opportunities.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185687
FAQ
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