KeyBanc downgraded Team from Overweight to Sector Weight
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8-K - TEAM INC (0000318833) (Filer)
8-K - TEAM INC (0000318833) (Filer)
10-Q - TEAM INC (0000318833) (Filer)
4 - TEAM INC (0000318833) (Issuer)
4 - TEAM INC (0000318833) (Issuer)
4 - TEAM INC (0000318833) (Issuer)
Reduces Leverage and Provides Enhanced Financial Flexibility SUGAR LAND, Texas, Sept. 11, 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 private placement of preferred stock and warrants to affiliates of Stellex Capital Management LLC (collectively, "Stellex") for $75 million of proceeds before expenses (the "Transaction"). The Transaction immediately reduces debt, enhances financial flexibility and inaugurates a s
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
4 - TEAM INC (0000318833) (Issuer)
4 - TEAM INC (0000318833) (Issuer)
4 - TEAM INC (0000318833) (Issuer)
KeyBanc downgraded Team from Overweight to Sector Weight
Reduces Leverage and Provides Enhanced Financial Flexibility SUGAR LAND, Texas, Sept. 11, 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 private placement of preferred stock and warrants to affiliates of Stellex Capital Management LLC (collectively, "Stellex") for $75 million of proceeds before expenses (the "Transaction"). The Transaction immediately reduces debt, enhances financial flexibility and inaugurates a s
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, 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
SC 13D/A - TEAM INC (0000318833) (Subject)
SC 13D/A - TEAM INC (0000318833) (Subject)
SC 13D/A - TEAM INC (0000318833) (Subject)