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Stock impact report

Team Stock Jumps 20% After Q4 Earnings Rise and Margin Gains [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 past month, TISI shares have risen 4%, bucking broader market weakness that saw the S&P 500 fall 4.8%. For the fourth quarter of 2024, Team reported revenues of $213.3 million compared with $214.1 million in the prior-year period. Despite the marginal decline, the company posted significant profitability improvements. The gross margin rose to $57.3 million, or 26.9% of revenues, representing a 330-basis-point expansion and a $6.9-million increase from the prior year. Operating income was $2.2 million against an $8.9-million loss in the fourth quarter of 2023. Net loss narrowed substantially to $7.2 million, or $1.61 per share, from $23.1 million, or $5.25 per share, in the prior-year quarter. Consolidated adjusted EBITDA increased 50.5% year o Read more
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