TEAM, INC. ANNOUNCES COST REDUCTION ACTIONS IN RESPONSE TO CURRENT MARKET CONDITIONS
Team, Inc. (TISI)
Last team, inc. earnings: 3/12 05:15 pm
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US:NYSE Investor Relations:
investor.teaminc.com
Company Research
Source: GlobeNewswire
SUGAR LAND, Texas, April 02, 2020 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today announced immediate cost reduction actions in response to the current market volatility, operational disruption related to the COVID-19 pandemic, and the oil and gas industry outlook. “As part of the critical and essential services network, TEAM has and will continue to take all appropriate actions to protect its employees, maintain business operations for clients where feasible, and preserve liquidity,” said Amerino Gatti, Team’s Chairman and Chief Executive Officer. “Over the past two weeks, we made deliberate decisions to immediately reduce our operating expenses, overhead and other variable costs to align with the current business activity levels. While the ultimate impact of these conditions is unknown at this time, we have taken swift proactive steps to support our focused effor
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News
- Team, Inc. (NYSE: TISI) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Team, Inc. (NYSE: TISI) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Team Reports Year-Over-Year Growth in Q3 Earnings and Revenues [Yahoo! Finance]Yahoo! Finance
- Team, Inc. Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Team, Inc. Reports Third Quarter 2024 ResultsGlobeNewswire
TISI
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- TISI's page on the SEC website