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    Team Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    5/12/25 4:47:53 PM ET
    $TISI
    Other Consumer Services
    Consumer Discretionary
    Get the next $TISI alert in real time by email
    tisi-20250512
    May 12, 2025false000031883300003188332024-11-122024-11-12

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549  
    FORM 8-K
     
     CURRENT REPORT
    Pursuant to Section 13 OR 15(d) of
    The Securities Exchange Act of 1934
    Date of report (Date of earliest event reported): May 12, 2025
     
     TEAM, Inc.
    (Exact Name of Registrant as Specified in its Charter)
      
    Delaware 001-08604 74-1765729
    (State or Other Jurisdiction
    of Incorporation)
     (Commission
    File Number)
     (IRS Employer
    Identification No.)
    13131 Dairy Ashford, Suite 600
    Sugar Land, Texas 77478
    (Address of Principal Executive Offices and Zip Code)
    Registrant’s telephone number, including area code: (281) 331-6154
    Not Applicable
    (Former name or former address, if changed since last report)
     
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 
    ¨
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ¨
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ¨
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CF 240.14d-2(b))
    ¨
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Common Stock, $0.30 par valueTISINew York Stock Exchange
    Indicate by check mark whether registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ¨

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
    ¨



    Item 2.02 Results of Operations and Financial Condition.

    On May 12, 2025, Team, Inc. (“we,” “our,” “us,” or the “Company”) disseminated a press release announcing unaudited financial results for the first quarter ended March 31, 2025. The press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

    The information in this Item 2.02, including the attached exhibit, is being furnished, and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any filings under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language of such filing. By furnishing the information in this Current Report on Form 8-K (“Form 8-K”) and the attached exhibit, we are making no admission as to the materiality of any information in this Form 8-K or the exhibit.


    Item 9.01 Financial Statements and Exhibits.

    (d)        Exhibits. The following exhibit is furnished as part of Item 2.02 of this Current Report on Form 8-K:
     
    Exhibit number Description
    99.1 
    Team, Inc.’s Press Release Issued May 12, 2025.
    104Cover Page Interactive Data File (embedded within the Inline XBRL document)








    SIGNATURES
    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
    TEAM, Inc.
    By:
    /S/     Nelson M. Haight
    Nelson M. Haight
    Chief Financial Officer
    Dated: May 12, 2025



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