Team, Inc. Reports Third Quarter 2024 Results
Team, Inc. (TISI)
Last team, inc. earnings: 3/12 05:15 pm
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US:NYSE Investor Relations:
investor.teaminc.com
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Source: GlobeNewswire
SUGAR LAND, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today reported its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Generated revenue of $210.8 million, up 2% over third quarter 2023.Maintained gross margin of 25.4%.Improved operating income to $3.2 million, up $4.4 million over third quarter 2023.Reported third quarter 2024 net loss of $11.1 million, an 8.3% improvement year over year.Delivered consolidated Adjusted EBITDA1 of $11.3 million (5.4% of consolidated revenue) for the 2024 third quarter, and $39.6 million (6.2% of consolidated revenue) for the first nine months of 2024.Adjusted Selling, General and Administrative Expense1 declined to 21.7% of consolidated revenue.S
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TISI
News
- SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Team, Inc. (NYSE: TISI)PR Newswire
- 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
TISI
Sec Filings
- 12/19/24 - Form 4/A
- 12/19/24 - Form 4/A
- 12/19/24 - Form 4/A
- TISI's page on the SEC website