TISI - Earnings announcements

SUGAR LAND, Texas, May 13, 2026 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global, leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary inspection, heat-treating, and mechanical services, today reported its financial results for the quarter ended March 31, 2026. The Company also provided guidance for the full year 2026. First Quarter 2026 Highlights: Grew revenue to $215.1 million, up $16.4 million, or 8.3%, over the first quarter of 2025.Generated gross margin of $50.2 million, up $2.9 million, or 6.1%, over the first quarter of 2025.Reported a net loss of $11.3 million, an

SUGAR LAND, Texas, May 11, 2026 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it will issue its first quarter 2026 earnings release on Wednesday, May 13, 2026 after the close of trading on the New York Stock Exchange. TEAM will host a conference call to discuss its financial and operational results on Thursday morning, May 14, 2026 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Interested parties in the United States may participate toll-free

SUGAR LAND, Texas, March 12, 2026 (GLOBE NEWSWIRE) -- TEAM, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary inspection, heat-treating, and mechanical services, today reported its financial results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter 2025 Highlights: Generated fourth quarter 2025 revenues of $224.8 million, an increase of 5.4% over the 2024 period.Grew gross margin to $58.3 million.Reported a net loss of $3.8 million, an improvement of $3.4 million from the 2024 period.Reduced Adjusted Selling, General and A

SUGAR LAND, Texas, March 11, 2026 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary inspection, heat-treating, and mechanical services, today announced that it will issue its fourth quarter and full year 2025 earnings release on Thursday, March 12, 2026 after the close of trading on the New York Stock Exchange. TEAM will host a conference call to discuss its financial and operational results on Friday morning, March 13, 2026 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Interested parties in the United States may par

SUGAR LAND, Texas, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global, leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today reported its financial results for the quarter ended September 30, 2025. Third Quarter 2025 Highlights: Generated revenue of $225.0 million, up $14.2 million, or 6.7% over the third quarter of 2024.Grew gross margin to $58.0 million, a $4.5 million, or 8.4% increase over the third quarter of 2024.Reported net loss of $11.4 million.Increased consolidated Adjusted EBITDA1 by 28.6% to $1

SUGAR LAND, Texas, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it will issue its third quarter 2025 earnings release on Wednesday, November 12, 2025 after the close of trading on the New York Stock Exchange. TEAM will host a conference call to discuss its financial and operational results on Thursday morning, November 13, 2025 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Interested parties in the United States may participat

SUGAR LAND, Texas, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global, leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today reported its financial results for the quarter ended June 30, 2025. Second Quarter 2025 Highlights: Generated revenue of $248.0 million, up $19.4 million, or 8.5% over the second quarter of 2024.Grew gross margin to $68.1 million, a $4.5 million, or 7.1% increase over the second quarter of 2024.Reported net loss of $4.3 million.Increased consolidated Adjusted EBITDA1 by 12.4% to $24.5

SUGAR LAND, Texas, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it will issue its second quarter 2025 earnings release on Tuesday, August 12, 2025 after the close of trading on the New York Stock Exchange. TEAM will host a conference call to discuss its financial and operational results on Wednesday morning, August 13, 2025 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Interested parties in the United States may participate to

SUGAR LAND, Texas, May 12, 2025 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global, leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today reported its financial results for the quarter ended March 31, 2025. First Quarter 2025 Highlights: Generated first quarter 2025 revenue of $198.7 million and a gross margin of 23.8%.Reported a net loss of $29.7 million, inclusive of a $11.9 million loss on debt extinguishment attributable to the March 2025 refinancing.Delivered consolidated Adjusted EBITDA1 of $5.3 million (2.7% of co

SUGAR LAND, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it will issue its first quarter 2025 earnings release on Monday, May 12, 2025 after the close of trading on the New York Stock Exchange. TEAM will host a conference call to discuss its financial and operational results on Tuesday morning, May 13, 2025 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Interested parties in the United States may participate toll-free by

SUGAR LAND, Texas, March 19, 2025 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today reported its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights: Generated fourth quarter 2024 revenues of $213.3 million.Grew gross margin to $57.3 million, up 330 basis points compared to the prior year period to 26.9% of consolidated revenue.Reported net loss of $7.2 million, a $15.9 million improvement from the 20

SUGAR LAND, Texas, March 17, 2025 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it will issue its fourth quarter and full year 2024 earnings release on Wednesday, March 19, 2025 after the close of trading on the New York Stock Exchange. TEAM will host a conference call to discuss its financial and operational results on Thursday morning, March 20, 2025 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Interested parties in the United States may

First Quarter 2025 Results Delivered Q1 results in-line with expectations and reaffirms fiscal 2025 outlook Revenue of $684 million, as expected Operating Income of $30 million increased 2% sequentially versus Q4 2024 and Operating Margin of 4.4% was flat sequentially Adjusted EBITDA of $81 million, as expected, increased 0.9% sequentially versus Q4 2024 and Adjusted EBITDA margin of 11.9% increased 10 basis points sequentially Voluntarily prepaid $20 million of term loan debt during the quarter Vestis Corporation (NYSE:VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the first quarter ended December 27, 2024 and reiterated its

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 yea

SUGAR LAND, Texas, Nov. 06, 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 announced that it will issue its third quarter 2024 earnings release on Monday, November 11, 2024 after the close of trading on the New York Stock Exchange. TEAM will host a conference call to discuss its financial and operational results on Tuesday morning, November 12, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Interested parties in the United States may participate toll

SUGAR LAND, Texas, Aug. 08, 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 second quarter ended June 30, 2024. Second Quarter 2024 Highlights: Generated second quarter 2024 revenues of $228.6 million.Improved gross margin by 240 basis points to 27.8%.Reported second quarter 2024 net loss of $2.8 million, a $13.0 million improvement over the 2023 second quarter.Increased consolidated Adjusted EBITDA1 to $21.8 million (9.5%

SUGAR LAND, Texas, Aug. 07, 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 announced that it will issue its second quarter 2024 earnings release on Thursday, August 8, 2024 after the close of trading on the New York Stock Exchange. TEAM will host a conference call to discuss its financial and operational results on Friday morning, August 9, 2024 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Interested parties in the United States may participate toll-fr

Consolidated Revenue Increased 10% over 3Q 2021 Completes Strategic Sale of Quest Integrity Business to Baker Hughes SUGAR LAND, Texas, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial and Operational Results1: Announced the closing of the sale of its Quest Integrity business to Baker Hughes on November 1, 2022 for cash of approximately $279.0 million, reflecting certain estimated post-closing adjustments, allowing for a signif

Consolidated revenue increased 5% over 2Q 2021 Announced strategic sale of Quest Integrity Business to Baker Hughes SUGAR LAND, Texas, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial and Operational Results: Second quarter 2022 revenues were $251.3 million, an increase of 5.2% over the prior year quarterGross margin was $70.0 million (27.8% of revenues), up $7.2 million from $62.8 million (26.3% of revenues) in Q2 2021G

Fourth Quarter 2021 Revenue Increased 8% Over Fourth Quarter 2020IHT Achieved 17% Revenue Growth over 4Q 2020MS Delivered a 5% Revenue Increase in 4Q 2021 over 4Q 2020 SUGAR LAND, Texas, March 16, 2022 /PRNewswire/ -- Team, Inc. (NYSE:TISI) ("TEAM" or the "Company"), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the fourth quarter and full year ended December 31, 2021. Fourth quarter 2021 revenues were $224 million, an increase of 8% over the prior year quarter and a 3% sequential improvement Full year 2021 revenues increased 3% to $875 million, primarily attributable to Nested, Pr

SUGAR LAND, Texas, Nov. 12, 2021 /PRNewswire/ -- Team, Inc. (NYSE:TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the third quarter ended Sept. 30, 2021. "Our top line results failed to meet expectations due to a combination of factors that impacted our third quarter performance, including weather-related disruptions, challenging market dynamics, and an uneven market recovery," said Amerino Gatti, TEAM's Chairman and Chief Executive Officer. "While the Inspection and Heat Treating (IHT) segment delivered 5% year-over-year revenue growth, the Mechanical Services (MS) and Quest In

SUGAR LAND, Texas, Nov. 10, 2021 /PRNewswire/ -- Team, Inc. (NYSE:TISI) announced today that it will issue its third quarter 2021 results at 6:00 a.m. Eastern on Friday, November 12, 2021. In conjunction with this release, the company has scheduled a conference call Friday starting at 10:00 a.m. Eastern (9:00 a.m. Central). By Phone: Dial 1-877-407-5794 inside the U.S. or 1-201-389-0869 outside the U.S. at least 10 minutes before the call.  A telephone replay will be available through November 19 by dialing 1-877-660-6853 inside the U.S. or 201-612-7415 outside the U.S. using the Conference ID 13725126#. By Webcast:  The call will be broadcast over the web and can be accessed on Team's

SUGAR LAND, Texas, Aug. 3, 2021 /PRNewswire/ -- Team, Inc. (NYSE:TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Results: Revenue of $238.9 million, up $49.6 million, or 26.2%, from Q2 2020 IHT and Quest segment revenue increased by 46.0% and 51.4%, respectively from Q2 2020 Gross margin was $62.8 million, up $5.4 million from Q2 2020 Quest adjusted EBITDA margin of 26.6%, surpassing the 2020 full year average of 24.1%"TEAM's second quarter results reflect a mix of activity recovery and challenging market dynamics," sa