reports
Team, Inc. Announces Private Placement of Preferred Stock
Team, Inc. Announces Private Placement of Preferred Stock 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, “Stell...
Team, Inc. Reports Second Quarter 2025 Results
Team, Inc. Reports Second Quarter 2025 Results 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....
Team, Inc. Announces Timing of Second Quarter Earnings Release and Con...
Team, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call 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 it...
Team, Inc. Announces Executive Promotion to Lead and Accelerate Transf...
Team, Inc. Announces Executive Promotion to Lead and Accelerate Transformation Effort SUGAR LAND, Texas, July 24, 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 the promotion of Daniel Dolson to Executive Vice President, Chief Strategy and Transformation Officer to lead the Company’s transformation efforts to achieve certain financial and operational...
Team, Inc. Reports First Quarter 2025 Results
Team, Inc. Reports First Quarter 2025 Results 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 $1...
Team, Inc. Announces Timing of First Quarter Earnings Release and Conf...
Team, Inc. Announces Timing of First Quarter Earnings Release and Conference Call 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 finan...
Team, Inc. Reports Fourth Quarter and Full Year 2024 Results
Team, Inc. Reports Fourth Quarter and Full Year 2024 Results 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 milli...
Team, Inc. Announces Timing of Fourth Quarter and Full Year Earnings R...
Team, Inc. Announces Timing of Fourth Quarter and Full Year Earnings Release and Conference Call 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...
Team, Inc. Announces Refinancing Transaction
Team, Inc. Announces Refinancing Transaction Lowers Cost of Capital and Terms Out Maturities 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 co...
Team, Inc. Reports Third Quarter 2024 Results
Team, Inc. Reports Third Quarter 2024 Results 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 in...
Team, Inc. Announces Timing Of Third Quarter Earnings Release And Conf...
Team, Inc. Announces Timing Of Third Quarter Earnings Release And Conference Call 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 ...
Team, Inc. Announces Amendment and Maturity Extension of Its ABL Credi...
Team, Inc. Announces Amendment and Maturity Extension of Its ABL Credit Facility Amendment Provides Additional Liquidity and Improved Pricing SUGAR LAND, Texas, Sept. 30, 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, announced today that it has executed an amendment to its existing ABL credit facility, which consists of a $130 million revolving credit facility (th...
Team, Inc. Reports Second Quarter 2024 Results
Team, Inc. Reports Second Quarter 2024 Results 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...
Team, Inc. Announces Timing of Second Quarter Earnings Release and Con...
Team, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call 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...
Team, Inc. Showcases Strategic Vision With New Investor Presentation a...
Team, Inc. Showcases Strategic Vision With New Investor Presentation and Recording SUGAR LAND, Texas, May 21, 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 has posted an updated investor presentation on the Company’s website , coupled with a recording where TEAM’s Chief Executive Officer Keith Tucker and Chief Financial Officer Nelson Haight...
Team, Inc. Reports First Quarter 2024 Results
Team, Inc. Reports First Quarter 2024 Results SUGAR LAND, Texas, May 14, 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 first quarter ended March 31, 2024. First Quarter 2024 Highlights: Announced first quarter 2024 revenues of $199.6 million.Improved gross margin by 120 basis points to 24.4% as compared to 23.2% in the...
Team, Inc. Appoints Pamela J. McGinnis to Its Board of Directors
Team, Inc. Appoints Pamela J. McGinnis to Its Board of Directors 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...
Team, Inc. Receives Continued Listing Standard Notice From NYSE
Team, Inc. Receives Continued Listing Standard Notice From NYSE SUGAR LAND, Texas, March 15, 2024 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) ("TEAM" or the "Company") today announced that on March 14, 2024, it received notice (the "Notice") from the New York Stock Exchange (“NYSE”) that it is not in compliance with the NYSE continued listing standards set forth in Section 802.01B of the NYSE's Listed Company Manual due to the fact that the Company's average global market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, its sharehold...
Team, Inc. Reports Fourth Quarter and Full Year 2023 Results
Team, Inc. Reports Fourth Quarter and Full Year 2023 Results SUGAR LAND, Texas, March 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 reported its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights1: Announced fourth quarter 2023 revenues of $214.1 million, up 1.3% over the 2022 fourth quarter re...
Team, Inc. Reports Third Quarter 2023 Results
Team, Inc. Reports Third Quarter 2023 Results SUGAR LAND, Texas, Nov. 09, 2023 (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, 2023. Third Quarter 2023 Highlights1: Reported total revenues of $206.7 million.Grew gross margin to 25.5% of revenue or $52.8 million.Decreased net loss from...
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