Civeo reported 3Q26 revenue of $193.1M, up 13% y/y, while adjusted EBITDA increased 5% to $30.1M, with stronger Canadian activity partially offset by softer Australian occupancy. In Canada, higher turnaround activity supported revenue and margin improvement, while approximately 700 contracted mobile rooms are expected to deploy in late 2026 and 1Q27, providing additional support for the 2027 outlook. Australia remained pressured by lower casual-bed demand despite elevated met coal prices, with management expecting softer conditions to persist through 1H27. Civeo raised FY26 revenue guidance to $710M–$720M and adjusted EBITDA guidance to $89M–$92M, while continued Canadian deployment activity and integrated-services wins remain important drivers for 2027.