Team

Team, Inc. engages in the provision of digitally-enabled asset performance assurance and optimization solutions. It operates through the following segments: Inspection and Heat Treating (IHT), Mechanical Services (MS), and Quest Integrity. The Inspection and Heat Treating segment offers conventional and advanced non-destructive testing (NDT) heat treating and thermal services, tank management, and pipeline integrity solutions, as well as associated engineering and condition assessment services. The Mechanical Services segment covers machining, bolting, and vapor barrier weld testing, hot tap and line intervention, valve management solutions, and emission control services. The Quest Integrity segment focuses on integrity and reliability management solutions for the process, pipeline, and power sectors. The company was founded in 1973 and is headquartered in Sugar Land, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Team Inc. reports robust Q2 results, eyes sustained growth ahead

Team Inc.'s Q2 2024 performance reflects a positive trajectory with significant improvements in key financial metrics and operational efficiency.
The company's strategic roadmap implementation and focus on profitability enhancement position it well for sustained growth and increased shareholder value.
While challenges in maintaining growth persist, Team Inc. remains optimistic about its future outlook and opportunities for continued success in the market.

Team, Inc. reports Q3 revenue growth and cost savings

Team, Inc. demonstrated revenue growth and improved EBITDA performance in Q3 2024.
Challenges in Canadian and international operations led to a revised full-year outlook.
Focus on cost management and operational improvements to drive future growth and margins.
Revised guidance sets revenue between $845-860 million and adjusted EBITDA at $53-55 million.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

SUGAR LAND, Texas, Nov. 12, 2021 /PRNewswire/ -- Team, Inc. (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the third quarter ended Sept. 30, 2021. "Our top line results failed to meet expectations due to a combination of factors that impacted our third quarter performance, including weather-related disruptions, challenging market dynamics, and an uneven market recovery," said Amerino Gatti, TEAM's Chairman and Chief Executive Officer.

Team, Inc. Reports Third Quarter 2021 Results

SUGAR LAND, Texas, Nov. 10, 2021 /PRNewswire/ -- Team, Inc. (NYSE: TISI) announced today that it will issue its third quarter 2021 results at 6:00 a.m. Eastern on Friday, November 12, 2021.

Team, Inc. Schedules Third Quarter 2021 Earnings Conference Call for Friday, November 12, 2021 at 10:00 a.m. Eastern Time

SUGAR LAND, Texas, Nov. 9, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today announced that it has entered into a $50 million delayed draw subordinated term loan facility (the "subordinated term loan") led by Corre Management Partners, LLC ("Corre Partners"). TEAM also announced that it has entered into an amendment of its Senior Secured Term Loan facility led by Atlantic Park Strategic Capital Fund, L.P.

Team, Inc. Announces New Financing Agreement

Arcos Dorados Hlds

Exterran

Gerdau

ION Geophysical

Invacare

Regis Corp.

Penny stocks have tons of upside and tons of risk. These seven are NYSE listed, making them safer but not dulling their upside potential.

7 Most Promising Penny Stocks to Buy Before 2021 Ends

SUGAR LAND, Texas, Oct. 6, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today announced that Susan Ball, Executive Vice President and Chief Financial Officer, has informed the company of her intention to step down, effective November 12, 2021 for personal reasons. Ms. Ball has committed to continue her current role over the next six weeks and agreed to then serve as a financial advisor and consultant to TEAM to support an orderly transition process, including the search for her replacement.

Team, Inc. Announces CFO, Susan Ball, Will Step Down In November 2021

The stock price of Team, Inc. (NYSE: TISI) increased by over 15% pre-market. This is why it happened.

TISI Stock: Why It Increased Today

Chevron

SUGAR LAND, Texas, Oct. 4, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a leading global provider of asset performance management solutions including digital enablement, announced today that it has been awarded a multi-year contract from Chevron Corporation (NYSE: CVX) to provide inspection, testing and analytics as part of their industry-leading mechanical integrity program.  "We are looking forward to the opportunity to expand upon our existing relationship with Chevron to incorporate their upstream assets into our mechanical integrity solutions program," said Amerino Gatti, TEAM's Chairman and Chief Executive Officer.

Team, Inc. Awarded Multi-Year Upstream Mechanical Inspection And Integrity Contract From Chevron

SUGAR LAND, Texas, Sept. 15, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Amerino Gatti, Chairman & Chief Executive Officer, and Susan Ball, EVP & Chief Financial Officer, will present at the Sidoti Fall 2021 Virtual Investor Conference on Thursday, September 23, 2021.

Team, Inc. To Present At Sidoti Fall 2021 Virtual Investor Conference

Brown & Brown

Ceridian HCM Holding Inc.

Perrigo

S&P Global

Unum

NEW YORK, Sept. 3, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 to ensure each index is more representative of its market capitalization range.

Match Group, Ceridian HCM and Brown & Brown Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

ABM Industries

Rollins

With manufacturing and service activities gathering steam, and the construction business reviving, the Zacks Building Products - Maintenance Service industry is poised to prosper. ABM, ROL and TISI are three stocks well placed to ride this demand strength.

3 Top Stocks From the Flourishing Building Maintenance Industry

Vintage Wine Estates

SUGAR LAND, Texas, Aug. 9, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Candice Koederitz has been appointed to its Board of Directors ("Board"), effective Aug. 9, 2021.  "We are excited to add Candice who brings extensive capital markets knowledge and global experience to the TEAM Board of Directors," said Amerino Gatti, TEAM's Chairman and Chief Executive Officer.

Team, Inc. Appoints Candice Koederitz To Its Board Of Directors

Team, Inc. (TISI) CEO Amerino Gatti on Q2 2021 Results - Earnings Call Transcript

SUGAR LAND, Texas, Aug. 3, 2021 /PRNewswire/ -- Team, Inc. (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Results: Revenue of $238.9 million, up $49.6 million, or 26.2%, from Q2 2020 IHT and Quest segment revenue increased by 46.0% and 51.4%, respectively from Q2 2020 Gross margin was $62.8 million, up $5.4 million from Q2 2020 Quest adjusted EBITDA margin of 26.6%, surpassing the 2020 full year average of 24.1% "TEAM's second quarter results reflect a mix of activity recovery and challenging market dynamics," said Amerino Gatti, TEAM's Chairman and Chief Executive Officer.

Team, Inc. Reports Second Quarter 2021 Results

SUGAR LAND, Texas, Aug. 3, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today the commercial launch of its proprietary double block and bleed SmartStop™ Isolation Technology.     "We are excited to announce that after extensive in-house testing and several successful field tests, we have commercialized our new, patent pending SmartStop Isolation Technology," said Chad Murray, TEAM's President of Mechanical and Onstream Services Group.

Team, Inc. Announces Commercialization Of New SmartStop™ Isolation Technology

SUGAR LAND, Texas, Aug. 2, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that TEAM has entered into an agreement to be the exclusive provider of the Credosoft Integrity Management Platform in North America.  "We are excited to strengthen our relationship with Credosoft, a premier global provider of integrity management software," said Robert Young, TEAM's President of Asset Integrity and Digital Group.

Team, Inc. Becomes The Exclusive Provider Of Credosoft Integrity Mangement In North America

SUGAR LAND, Texas, July 29, 2021 /PRNewswire/ -- Team, Inc. (NYSE: TISI) announced today that it will issue its second quarter 2021 results after the market closes on Tuesday, August 3, 2021. In conjunction with this release, Team, Inc. has scheduled a conference call on Wednesday, August 4, starting at 10:00 a.m.

Team, Inc. Schedules Second Quarter 2021 Earnings Conference Call for Wednesday, August 4, 2021 at 10:00 a.m. Eastern Time

Team (TISI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Team (TISI) to Report a Decline in Earnings: What to Look Out for

SUGAR LAND, Texas, July 7, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Amerino Gatti, Chairman & Chief Executive Officer, and Susan Ball, EVP & Chief Financial Officer, will participate in the CJS Securities 21st Annual New Ideas Summer Conference to be held virtually on July 13, 2021, and will host virtual one-on-one meetings throughout the day.  About Team, Inc. Headquartered in Sugar Land, Texas, Team Inc. (NYSE: TISI) is a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions.

Team, Inc. To Participate In The CJS Securities 21st Annual New Ideas Summer Conference

SUGAR LAND, Texas, May 27, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Amerino Gatti, Chairman & Chief Executive Officer, and Susan Ball, EVP & Chief Financial Officer, will participate in the following conferences: KeyBanc Capital Markets 2021 Industrials & Basic Materials Virtual Conference on Thursday, June 3. Management will host virtual one-on-one meetings throughout the day.

Team, Inc. To Participate In KeyBanc & Stifel Investor Conferences

Team, Inc. (TISI) CEO Amerino Gatti on Q1 2021 Results - Earnings Call Transcript

SUGAR LAND, Texas, May 4, 2021 /PRNewswire/ -- Team, Inc. (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the first quarter ended March 31, 2021. First Quarter 2021 Results: Revenue of $194.6 million, down $42.2 million, or 17.8%, from Q1 2020 Gross margin was $43.7 million, or 22.5%, slightly below the 24.3% from Q1 2020 Reduced quarterly SG&A by $12.3 million or 15.7% as compared to Q1 2020 Strong decremental despite a 17.8% drop in revenue, as a result of disciplined cost management "TEAM's first quarter results were adversely impacted by numerous headwinds," said Amerino Gatti, TEAM's Chairman and Chief Executive Officer.

Team, Inc. Reports First Quarter 2021 Results

SUGAR LAND, Texas, April 29, 2021 /PRNewswire/ -- Team, Inc. (NYSE: TISI) announced today that it will issue its first quarter 2021 results after the market closes on Tuesday, May 4, 2021. In conjunction with this release, Team, Inc. has scheduled a conference call on Wednesday, May 5, starting at 10:00 a.m.

Team, Inc. Schedules First Quarter 2021 Earnings Conference Call for Wednesday, May 5, 2021 at 10:00 a.m. Eastern Time

3 Top Stocks From the Thriving Building Maintenance Industry

SUGAR LAND, Texas, March 17, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Amerino Gatti, Chairman & Chief Executive Officer, and Susan Ball, EVP & Chief Financial Officer, will present at the Sidoti Spring 2021 Virtual Investor Conference on Wednesday, March 24, 2021.  Amerino Gatti, Chairman & Chief Executive Officer, and Susan Ball, EVP & Chief Financial Officer, will provide an overview of TEAM during a presentation on Wednesday, March 24 at approximately 11:30 a.m.

Team, Inc. to Present at Sidoti Spring 2021 Virtual Investor Conference

SUGAR LAND, Texas, March 16, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Amerino Gatti, Chairman & Chief Executive Officer, and Susan Ball, EVP & Chief Financial Officer, will participate in Scotia Howard Weil 49th Annual Energy Conference to be held virtually on Tuesday, March 23, 2021.  Amerino Gatti, Chairman & Chief Executive Officer, and Susan Ball, EVP & Chief Financial Officer, will host virtual one-on-one meetings throughout the day.

News for Team Stock (TISI)