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Stock impact report

Team Reports Year-Over-Year Growth in Q3 Earnings and Revenues [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 saw growth in its core segments, supported by cost-saving measures and operational improvements, particularly in high-margin areas like heat treating and aerospace services. However, international headwinds, especially in Canada, weighed on the bottom line, highlighting areas for further focus and efficiency gains. As management remains committed to refining operations and enhancing profitability, Team has set a cautious yet optimistic guidance for the coming year, aiming for stable growth and continued focus on cost discipline. Team incurred a third-quarter 2024 loss of $2.52 per share, narrower than the loss of $2.78 in the year-ago quarter. The company's total quarterly revenues showed positive momentum, increasing 2% to $210.8 million from $206.7 million in the prior-year quarter. The strong quarterly results were primarily driven by growth in the U.S. operations and cost efficiencies. Team, Inc. price-consensus-eps-surprise-chart | Team, Inc. Quote Inspect Show less Read more
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