Team, Inc. Reports First Quarter 2023 Results
Team, Inc. (TISI)
Last team, inc. earnings: 3/12 05:15 pm
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US:NYSE Investor Relations:
investor.teaminc.com
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Source: GlobeNewswire
First Quarter 2023 Revenue Increased $13.2 million or 7.0% Over First Quarter 2022 Gross Margin Improved by 150 basis points Over First Quarter 2022 SUGAR LAND, Texas, May 11, 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 first quarter ended March 31, 2023. First Quarter 2023 Highlights1: Increased first quarter 2023 revenues to $202.3 million, up $13.2 million or 7% over the 2022 first quarter, and up nearly 9% after adjusting for unfavorable foreign currency exchange movement.Improved first quarter 2023 gross margin by 14% to 23.2% of revenue, up 150 basis points from the first quarter of 2022.Reported first quarter 2023 net loss of $24.7 million, an improvement of $13.6 million over the $38.3 million
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News
- Team, Inc. (NYSE: TISI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Apache Industrial welcomes James Craig as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Team, Inc. (NYSE: TISI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Team, Inc. Appoints Pamela J. McGinnis to Its Board of DirectorsGlobeNewswire
- Team, Inc. (NYSE: TISI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
TISI
Sec Filings
- 4/11/24 - Form 3
- 4/10/24 - Form DEF
- 4/8/24 - Form 8-K
- TISI's page on the SEC website