Team, Inc. Reports Second Quarter 2020 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
Record Quarterly Gross Margin of 30.3% Since 2015Reduced Quarterly SG&A to Lowest Level Since 2015 Second Quarter 2020 Operating cash flow of $26.3 million, resulted in free cash flow generation of $22.1 millionReduced debt by over $26 million, achieved the lowest quarter-end debt level over the past four yearsGross margin of 30.3%, surpassed the same quarter last year and represents the strongest quarter since 2015Lowest quarterly SG&A since 2015 (pre-acquisitions); $22.7 million reduction, or 27.8% year-over-year to $58.9 millionRealized cost savings of $35 million, exceeded prior estimate of $20 to $25 million SUGAR LAND, Texas, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the second quarter ended June 30, 2020. “We are pleased with our second quarter results, reflecting the tremendous efforts made by every
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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