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Stock impact report

Team (TISI) Earnings Increase Y/Y in Q2, Revenues Decline [Yahoo! Finance]

Team, Inc. (TISI) 
Last team, inc. earnings: 3/12 05:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.teaminc.com
Company Research Source: Yahoo! Finance
The company's focus on cost-cutting and efficiency improvements helped mitigate the impacts of decreased activity in its key business segments — Inspection and Heat Treating (“IHT”) and Mechanical Services (“MS”). While revenues fell 4.5% year over year, enhanced margins and disciplined expense management enabled Team to narrow its net loss and improve operating income, highlighting the effectiveness of its strategic initiatives amid a challenging market environment. Team, Inc. Price, Consensus and EPS Surprise Team, Inc. price-consensus-eps-surprise-chart | Team, Inc. Quote Q2 Results TISI reported second-quarter 2024 loss per share of 45 cents, narrower than a loss of $2.55 in the year-ago quarter. The company generated revenues of $228.6 million, marking a 4.5% decline from the prior-year quarter's $239.5 million. Strong quarterly earnings were driven by lower operating expenses and enhanced margins across several regions. The positives were partially offset by decre Show less Read more
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