SEC Form 10-K filed by Team Inc.

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

SUGAR LAND, Texas, March 13, 2025 (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 has successfully closed on a refinancing transaction (the "Transaction") that lowers the Company's cost of capital and terms out its capital structure. The Transaction consists of a First Lien Term Loan Facility (the "First Lien Facility") provided by HPS Investment Partners, LLC ("HPS") that matures in March 2030 and is comprised of a funded $175.0 million Term Loan

KeyBanc downgraded Team from Overweight to Sector Weight

4 - TEAM INC (0000318833) (Issuer)

4 - TEAM INC (0000318833) (Issuer)

4 - TEAM INC (0000318833) (Issuer)

4/A - TEAM INC (0000318833) (Issuer)

4/A - TEAM INC (0000318833) (Issuer)

4/A - TEAM INC (0000318833) (Issuer)

SCHEDULE 13G/A - TEAM INC (0000318833) (Subject)

8-K/A - TEAM INC (0000318833) (Filer)

10-K - TEAM INC (0000318833) (Filer)

SUGAR LAND, Texas, April 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 announced the appointment of Pamela J. McGinnis to its Board of Directors (the "Board"). The Board's appointment of Ms. McGinnis as a Class II director is effective as of April 3, 2024, and her initial term will expire at the Company's 2024 annual meeting of shareholders, when she will stand for re-election to serve until the Company's 2027 annual meeting of shareholders. In connection w

SUGAR LAND, Texas, March 17, 2022 /PRNewswire/ -- Team, Inc.'s (NYSE:TISI) ("TEAM" or the "Company"), Board of Directors ("Board") today announced a leadership transition, effective March 21, 2022, including the departure of Amerino Gatti from his positions as Chairman and Chief Executive Officer.  In connection with the leadership transition, the Board of Directors has appointed Keith Tucker, currently the President of TEAM's Inspection and Heat Treating group, to the role of Interim Chief Executive Officer effective the same date.  Simultaneous with Keith Tucker's appointment, the Board also appointed Michael Caliel as non-executive Chairman of the Board. Mr. Caliel joined the Board in Feb

SUGAR LAND, Texas, Aug. 9, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE:TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Candice Koederitz has been appointed to its Board of Directors ("Board"), effective Aug. 9, 2021.  "We are excited to add Candice who brings extensive capital markets knowledge and global experience to the TEAM Board of Directors," said Amerino Gatti, TEAM's Chairman and Chief Executive Officer. "Candice's executive leadership at Morgan Stanley as well as her international business expertise will add significant value and her appointment reflects our commitment to ensuring we h

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

SC 13D/A - TEAM INC (0000318833) (Subject)

SC 13D/A - TEAM INC (0000318833) (Subject)

SC 13D/A - TEAM INC (0000318833) (Subject)