Civeo Corp Raised FY23 Revenue Outlook To $640M-$650M (Prior $630M-$650M) Vs $648.28M Est
Portfolio Pulse from Benzinga Newsdesk
Civeo Corp has increased its FY23 revenue outlook to a range of $640M-$650M, up from the previous range of $630M-$650M. The new estimate is in line with the market expectation of $648.28M.
July 28, 2023 | 10:34 am
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POSITIVE IMPACT
Civeo Corp's raised FY23 revenue outlook could potentially boost investor confidence, as it aligns with market expectations.
Civeo Corp's raised revenue outlook for FY23 indicates a positive financial performance, which could potentially boost its stock price in the short term. The new estimate aligns with market expectations, which could increase investor confidence in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100