<p>Civeo Corp 最近的财报电话会议展现了平衡的情绪，反映了成就与挑战。公司在股票回购方面取得了显著进展，并且由于成功整合收购的资产，澳大利亚业务实现了增长。加拿大的成本削减措施也取得了积极成果。然而，加拿大市场面临收入下降的挑战，公司报告了季度净亏损，描绘了增长与障碍的混合图景。</p>
<h2>股票回购进展</h2>
<p>Civeo Corp 报告了其股票回购计划的显著进展，在本季度回购了大约 100 万股普通股。这使得截至目前为止，向股东返还的资本总额达到 5200 万美元，完成了新回购授权的 69%。这一举措强调了公司对回馈股东价值的承诺。</p>
<h2>澳大利亚业务增长</h2>
<p>Civeo Corp 的澳大利亚业务显示出令人印象深刻的增长，收入同比增长 7%。该业务的调整后 EBITDA 增长了 19%，这得益于在鲍温盆地成功整合新收购的村庄。这一增长突显了澳大利亚市场对 Civeo 的战略重要性。</p>
<h2>加拿大成本削减成功</h2>
<p>在加拿大，Civeo 实现了同比 35% 的显著毛利润增长。这主要得益于直接现场成本减少了 29% 和间接运营管理成本减少了 23%。这些成本削减措施在提高加拿大业务的盈利能力方面发挥了关键作用。</p>
<h2>调整后 EBITDA 增加</h2>
<p>Civeo 报告第三季度调整后 EBITDA 为 2880 万美元，同比有所增加。这一增长得益于加拿大的成本削减举措以及澳大利亚收购的贡献，展示了公司的运营效率。</p>
<h2>加拿大市场的挑战</h2>
<p>尽管成本削减取得成功，Civeo 在加拿大市场面临挑战，第三季度收入从 5770 万美元下降至 4600 万美元。这一下降归因于较低的入住率和持续的宏观经济逆风。</p>
<h2>澳大利亚入住率放缓</h2>
<p>Civeo 预计其在澳大利亚拥有的村庄在第四季度的入住率将略有放缓。这是由于典型的季节性因素以及冶金煤价格前景的放缓，可能会影响未来的收入。</p>
<h2>报告净亏损</h2>
<p>公司报告第三季度净亏损 50 万美元，或每股稀释后亏损 0.04 美元。这一结果突显了尽管在运营上取得成功，Civeo 仍面临的财务挑战。</p>
<h2>前瞻性指导</h2>
<p>对于 2025 财年，Civeo 已将收入预期收紧至 6.4 亿至 6.55 亿美元，调整后 EBITDA 预计在 8600 万至 9100 万美元之间。公司仍然战略性地专注于股票回购，计划将不少于 100% 的年度自由现金流用于此目标。展望 2026 年，Civeo 预计将实现适度增长，尽管澳大利亚业务可能面临挑战，但通过持续的整合和扩展努力将得到缓解。</p>
<p>总之，Civeo Corp 的财报电话会议反映了平衡的情绪，在股票回购和澳大利亚增长方面取得了显著成就，同时也面临加拿大市场的挑战。公司在成本削减和资产整合方面的战略重点使其在面对障碍时仍具备潜在增长的可能性。</p>

CVEO

<p>Civeo Corp 的财报电话会议显示出业绩表现参差不齐，澳大利亚业务实现了 7% 的收入增长，并进行了大量的股票回购。尽管加拿大市场的收入下降，但通过削减成本，该市场的毛利润仍增长了 35%。公司报告本季度净亏损 50 万美元，并已将 2025 年的收入预期调整为 6.4 亿至 6.55 亿美元。Civeo 仍然专注于向股东返还资本，同时应对入住率和定价方面的挑战</p>

<p>Civeo Corp’s latest earnings call presented a balanced sentiment, reflecting both achievements and challenges. The company made significant strides in share repurchases and experienced growth in its Australian segment, largely due to the successful integration of acquired assets. Cost-cutting measures in Canada also yielded positive results. However, the Canadian market faced challenges with decreased revenues, and the company reported a net loss for the quarter, painting a mixed picture of growth and hurdles.</p>
<div class="lb-trans"><p>Civeo Corp 最近的财报电话会议展现了平衡的情绪，反映了成就与挑战。公司在股票回购方面取得了显著进展，并且由于成功整合收购的资产，澳大利亚业务实现了增长。加拿大的成本削减措施也取得了积极成果。然而，加拿大市场面临收入下降的挑战，公司报告了季度净亏损，描绘了增长与障碍的混合图景。</p>
</div><h2>Share Repurchase Progress</h2>
<div class="lb-trans"><h2>股票回购进展</h2>
</div><p>Civeo Corp reported substantial progress in its share repurchase program, having bought back approximately 1 million common shares during the quarter. This brings the year-to-date return of capital to shareholders to $52 million, completing 69% of the new buyback authorization. This move underscores the company’s commitment to returning value to its shareholders.</p>
<div class="lb-trans"><p>Civeo Corp 报告了其股票回购计划的显著进展，在本季度回购了大约 100 万股普通股。这使得截至目前为止，向股东返还的资本总额达到 5200 万美元，完成了新回购授权的 69%。这一举措强调了公司对回馈股东价值的承诺。</p>
</div><h2>Australian Segment Growth</h2>
<div class="lb-trans"><h2>澳大利亚业务增长</h2>
</div><p>The Australian segment of Civeo Corp showed impressive growth, with revenues increasing by 7% year-over-year. The adjusted EBITDA for this segment grew by 19%, thanks to the successful integration of newly acquired villages in the Bowen Basin. This growth highlights the strategic importance of the Australian market for Civeo.</p>
<div class="lb-trans"><p>Civeo Corp 的澳大利亚业务显示出令人印象深刻的增长，收入同比增长 7%。该业务的调整后 EBITDA 增长了 19%，这得益于在鲍温盆地成功整合新收购的村庄。这一增长突显了澳大利亚市场对 Civeo 的战略重要性。</p>
</div><h2>Cost Reduction Success in Canada</h2>
<div class="lb-trans"><h2>加拿大成本削减成功</h2>
</div><p>In Canada, Civeo achieved a remarkable year-over-year gross profit increase of 35%. This was primarily due to a 29% reduction in direct field-level costs and a 23% reduction in indirect operating overhead costs. These cost-cutting measures have been pivotal in improving the profitability of Canadian operations.</p>
<div class="lb-trans"><p>在加拿大，Civeo 实现了同比 35% 的显著毛利润增长。这主要得益于直接现场成本减少了 29% 和间接运营管理成本减少了 23%。这些成本削减措施在提高加拿大业务的盈利能力方面发挥了关键作用。</p>
</div><h2>Increased Adjusted EBITDA</h2>
<div class="lb-trans"><h2>调整后 EBITDA 增加</h2>
</div><p>Civeo reported an adjusted EBITDA of $28.8 million for the third quarter, marking a year-over-year increase. This growth was driven by cost-cutting initiatives in Canada and contributions from the Australian acquisition, showcasing the company’s operational efficiency.</p>
<div class="lb-trans"><p>Civeo 报告第三季度调整后 EBITDA 为 2880 万美元，同比有所增加。这一增长得益于加拿大的成本削减举措以及澳大利亚收购的贡献，展示了公司的运营效率。</p>
</div><h2>Challenges in Canadian Market</h2>
<div class="lb-trans"><h2>加拿大市场的挑战</h2>
</div><p>Despite the cost-cutting success, Civeo faced challenges in the Canadian market, with revenues decreasing to $46 million from $57.7 million in the third quarter of 2024. This decline was attributed to lower occupancy and ongoing macroeconomic headwinds.</p>
<div class="lb-trans"><p>尽管成本削减取得成功，Civeo 在加拿大市场面临挑战，第三季度收入从 5770 万美元下降至 4600 万美元。这一下降归因于较低的入住率和持续的宏观经济逆风。</p>
</div><h2>Softening in Australian Occupancy</h2>
<div class="lb-trans"><h2>澳大利亚入住率放缓</h2>
</div><p>Civeo anticipates a modest softening in occupancy for its Australian owned villages in the fourth quarter. This is due to typical seasonality and a softening outlook for met coal pricing, which could impact future revenues.</p>
<div class="lb-trans"><p>Civeo 预计其在澳大利亚拥有的村庄在第四季度的入住率将略有放缓。这是由于典型的季节性因素以及冶金煤价格前景的放缓，可能会影响未来的收入。</p>
</div><h2>Net Loss Reported</h2>
<div class="lb-trans"><h2>报告净亏损</h2>
</div><p>The company reported a net loss of $0.5 million or $0.04 per diluted share for the third quarter. This result highlights the financial challenges Civeo is navigating despite operational successes.</p>
<div class="lb-trans"><p>公司报告第三季度净亏损 50 万美元，或每股稀释后亏损 0.04 美元。这一结果突显了尽管在运营上取得成功，Civeo 仍面临的财务挑战。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指导</h2>
</div><p>For the full year 2025, Civeo has tightened its revenue expectations to between $640 million and $655 million, with adjusted EBITDA anticipated to range from $86 million to $91 million. The company remains strategically focused on share repurchases, aiming to use no less than 100% of its annual free cash flow toward this goal. Looking ahead to 2026, Civeo expects modest growth, with potential challenges in Australian operations being offset by continued integration and expansion efforts.</p>
<div class="lb-trans"><p>对于 2025 财年，Civeo 已将收入预期收紧至 6.4 亿至 6.55 亿美元，调整后 EBITDA 预计在 8600 万至 9100 万美元之间。公司仍然战略性地专注于股票回购，计划将不少于 100% 的年度自由现金流用于此目标。展望 2026 年，Civeo 预计将实现适度增长，尽管澳大利亚业务可能面临挑战，但通过持续的整合和扩展努力将得到缓解。</p>
</div><p>In conclusion, Civeo Corp’s earnings call reflected a balanced sentiment, with notable achievements in share repurchases and Australian growth, alongside challenges in the Canadian market. The company’s strategic focus on cost-cutting and asset integration positions it for potential growth, despite the hurdles it faces.</p>
<div class="lb-trans"><p>总之，Civeo Corp 的财报电话会议反映了平衡的情绪，在股票回购和澳大利亚增长方面取得了显著成就，同时也面临加拿大市场的挑战。公司在成本削减和资产整合方面的战略重点使其在面对障碍时仍具备潜在增长的可能性。</p>
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Civeo 公司的财报电话会议：在挑战中实现增长