CIVEO

Q1 FY2026 EarningsQ2 FY26 revenue reached $180.0M, up 11% YoY, driven by integrated services growth and a stronger Australian dollar ($12.2M impact). Adjusted EBITDA was $23.8M, down 5% YoY due to Canadian contract start-up costs and cautious occupancy in Australia. Net loss narrowed to $2.5M, with diluted EPS at -$0.23. The company issued $115.0M in convertible notes to optimize capital structure and completed a 20% share repurchase program.