Team, Inc. Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]
Team, Inc. (TISI)
Last team, inc. earnings: 3/12 05:15 pm
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Source: Yahoo! Finance
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 Highlights Announced fourth quarter 2023 revenues of $214.1 million, up 1.3% over the 2022 fourth quarter revenue of $211.3 million. Reported fourth quarter 2023 net loss of $23.1 million, a $33.8 million improvement from the 2022 fourth quarter net loss of $56.9 million. Improved consolidated Adjusted EBITDA to $9.7 million (4.5% of consolidated revenue), an increase of 45.1% from $6.7 million (3.2% of consolidated revenue) in the fourth quarter of 2022. Reduced Adjusted Selling, General and Administrative Expense by 9.2%, or $4.5 million, as compared to the 2022 period. Generated cash flow from operations of $11.1 million and Free Cash Flow of $8.1 million for the period. Full Year 2023 Highlights
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- 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