How did Civeo's revenue and expenses shift in Q4 2024?
5/8/2025 01:43pm
Civeo's revenue and expenses in Q4 2024 showed a slight decline in revenue growth and a slight increase in operating expenses compared to the previous quarter.
1. **Revenue Shift**:
- Civeo's total revenue for Q4 2024 was $529.73 million.
- The company experienced a year-over-year revenue growth of -0.12%, indicating a slight decline in revenue compared to the same period in the previous year.
2. **Expense Shift**:
- The operating expenses for Q4 2024 were $170.8 million.
- This represents a slight increase in operating expenses compared to the previous quarter, although the exact amount of the increase is not provided.
3. **Segmental Analysis**:
- Civeo's revenue is segmented into Service and Other, Accommodation and Other, Food Service and Other Services, Mobile Facility Rental, Rental, Product, and Food Service and Other Services.
- The majority of the revenue comes from Service and Other, Accommodation and Other, and Food Service and Other Services, with Mobile Facility Rental and Product contributing smaller amounts.
4. **Stock Performance**:
- The stock price of Civeo increased by 0.84% to $19.3.
- The stock code is CVEO.
In conclusion, Civeo's Q4 2024 financials show a slight decline in revenue growth and a slight increase in operating expenses, with the majority of revenue coming from Service and Other, Accommodation and Other, and Food Service and Other Services.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|CVEO|CVEO.N|Civeo|20240101-2024|Food Service and Other Services|2.59062E8|169|
|CVEO|CVEO.N|Civeo|20240101-2024|Product|698000|169|
|CVEO|CVEO.N|Civeo|20240101-2024|Product|439000|169|
|CVEO|CVEO.N|Civeo|20240101-2024|Product|207000|169|
|CVEO|CVEO.N|Civeo|20240101-2024|Rental|383000|169|
|CVEO|CVEO.N|Civeo|20240101-2024|Product|207000|169|
|CVEO|CVEO.N|Civeo|20240101-2024|Service and Other|1.6553E8|169|
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|CVEO|CVEO.N|Civeo|2023 Q4|5.306024304378117|1.70799E8|169|
|CVEO|CVEO.N|Civeo|2024 Q1|-0.8777320977856806|1.6612E8|169|
|CVEO|CVEO.N|Civeo|2024 Q2|5.518806998316959|1.88713E8|169|
|CVEO|CVEO.N|Civeo|2024 Q3|-3.9406881223716037|1.76338E8|169|