Team, Inc. Reports Strong Second Quarter 2019 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: GlobeNewswire
Gross Margin of 30% Reaches Highest Margin Since 2015 Net income of $6.1 million, a $37.4 million improvement from Q2 2018Adjusted EBITDA of $32.8 million or 10.4% adjusted EBITDA margin representing the highest level since 2016Gross margin of 30% in Q2 2019 is the highest since 2015; compared with 28.3% for the same quarter last yearOperating cash flow of $5.6 million for the six months ended June 30, 2019; represents an improvement of $23.3 million compared to the six months ended June 30, 2018Record quarterly revenue performance of $32.3 million by Quest Integrity, an increase of 23% over Q2 2018; Q2 2019 operating income improved 62.1% over Q2 2018, expected to deliver a third straight year of record revenuesSelling, general and administrative expenses decreased by $11.6 million in Q2 2019 compared to Q2 2018; lowest quarterly SG&A since 2016OneTeam program generated a total of $11.6 million of savings for the six months ended June 30, 2019 and remains on track to achieve $20-$22
Show less
Read more
Impact Snapshot
Event Time:
TISI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TISI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TISI alerts
High impacting Team, Inc. news events
Weekly update
A roundup of the hottest topics
TISI
News
- Team, Inc. Regains Compliance With NYSE Continued Listing StandardsGlobeNewswire
- Team Inc. soars after securing financing commitments [Seeking Alpha]Seeking Alpha
- Team, Inc. Announces Commitment for Refinancing of Capital StructureGlobeNewswire
- National Forklift Safety Day 10th Anniversary to Feature Government and Industry ExpertsPR Web
- Team, Inc. (NYSE: TISI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
TISI
Sec Filings
- 5/26/23 - Form SC
- 5/25/23 - Form 8-K
- 5/16/23 - Form 8-K
- TISI's page on the SEC website