Civeo Raises 2026 Revenue and Adjusted EBITDA Guidance Ranges
Photo: TokenPost
Civeo Corporation raised its 2026 revenue and adjusted EBITDA forecasts after stronger performance so far this year, while increasing planned capital spending for contracted mobile camps. The company now expects 2026 revenue of $710 million to $720 million and adjusted EBITDA of $89 million to $92 million. Its capital spending outlook increased to $30 million to $35 million. About 700 contracted mobile camp rooms are expected to be deployed in late 2026 and the first quarter of 2027. Civeo expects no meaningful revenue from the rooms in 2026.
Source: TokenPost
