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Stock impact report

Team's Q3 Earnings Fall Y/Y Despite Strong Revenue Gains [Yahoo! Finance]

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: Yahoo! Finance
Yet, despite the post-earnings dip, the stock has risen 11.4% over the past month, significantly outpacing the S&P 500's 0.1% gain. The divergence suggests that while investors reacted cautiously to the latest quarterly numbers, sentiment toward the name has strengthened more broadly in recent weeks. Team delivered solid top-line and profitability improvements in the quarter. Revenues increased 6.7% year over year to $225 million, driven by broad-based gains across both reportable segments. The gross margin expanded 8.4% to $58 million, outpacing revenue growth. Adjusted EBITDA climbed 28.6% from the prior-year period to $14.5 million, widening the adjusted EBITDA margin by 110 basis points. Net loss was $11.4 million, modestly higher than the $11.1 million loss recorded a year earlier. Earnings per share came in at a loss of $2.68 compared with a loss of $2.52 last year. Team, Inc. Price, Consensus and EPS Surprise Team, Inc. Price, Consensus and EPS Surprise Team, Inc. price Show less Read more
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