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Stock impact report

TEAM, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

Team, Inc. (TISI) 
Last team, inc. earnings: 3/12 05:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.teaminc.com
Company Research Source: PR Newswire
Fourth Quarter 2021 Revenue Increased 8% Over Fourth Quarter 2020IHT Achieved 17% Revenue Growth over 4Q 2020MS Delivered a 5% Revenue Increase in 4Q 2021 over 4Q 2020 SUGAR LAND, Texas, March 16, 2022 /PRNewswire/ -- Team, Inc. (NYSE: TISI) ("TEAM" or the "Company"), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the fourth quarter and full year ended December 31, 2021.Fourth quarter 2021 revenues were $224 million, an increase of 8% over the prior year quarter and a 3% sequential improvement Full year 2021 revenues increased 3% to $875 million, primarily attributable to Nested, Projects & Turnarounds, and International areas Inspection & Heat Treating Segment delivered $105 million in revenue during the fourth quarter 2021, a 17% increase over the prior year period Mechanical Services Segment grew fourth quarter 2021 revenue to $97.9 million, or 5% more than the $93.4 millio Show less Read more
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