Team, Inc. (TISI) News
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Latest TISI News From Around the Web
Below are the latest news stories about TEAM INC that investors may wish to consider to help them evaluate TISI as an investment opportunity.
Team, Inc. Reports Third Quarter 2023 ResultsSUGAR LAND, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty 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 third quarter ended September 30, 2023. Third Quarter 2023 Highlights1: Reported total revenues of $206.7 million.Grew gross margin to 25.5% of revenue o |
Team Inc. Names Michael Caliel as Executive ChairmanAs executive chairman, Caliel will focus on Team Inc.’s long-term corporate strategy, growth opportunities, profit improvement, enhancing enterprise and advising the management team. |
Team, Inc. Reports Second Quarter 2023 ResultsSecond Quarter 2023 Revenue Increased $18.0 million or 8.1% Over Second Quarter 2022 Gross Margin Improved by 190 basis points Over Second Quarter 2022 SUGAR LAND, Texas, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty 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 s |
Team, Inc. Announces Successful Closing of Refinancing TransactionsSimplifies Capital Structure and Extends Maturities SUGAR LAND, Texas, June 20, 2023 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced the successful closing of a series of previously announced refinancing transactions (the “Transactions”) that raised $87.4 million |
Team, Inc. Regains Compliance With NYSE Continued Listing StandardsSUGAR LAND, Texas, May 30, 2023 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it has received formal notice from the New York Stock Exchange (“NYSE”) that the Company has regained compliance with the NYSE’s quantitative continued listing standards. On June |
Team, Inc. Announces Commitment for Refinancing of Capital StructureUpon Completion, Transactions Will Provide Financial Flexibility and Extend Maturities SUGAR LAND, Texas, May 25, 2023 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it has secured committed financing from two of its largest current stakeholders for a serie |
Team, Inc. Reports First Quarter 2023 ResultsFirst Quarter 2023 Revenue Increased $13.2 million or 7.0% Over First Quarter 2022 Gross Margin Improved by 150 basis points Over First Quarter 2022 SUGAR LAND, Texas, May 11, 2023 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty 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 first |
Team, Inc. Reports Fourth Quarter and Full Year 2022 ResultsFourth Quarter 2022 Revenue Increased $8 million or 4.0% Over Fourth Quarter 2021 Full Year 2022 Revenue Increased $46 million or 5.8% Over Full Year 2021 SUGAR LAND, Texas, March 14, 2023 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty 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 t |
Team, Inc. Announces Adjustment to Conversion Rate of 5.00% Convertible Senior NotesSUGAR LAND, Texas, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today announced that, as a result of the previously announced reverse stock split of the outstanding shares of the Company’s common stock, par value $0.30 per share (the “Common Stock”), at a ratio of one-for-ten (the “Reverse Stock Split”), effective at 5:00 p.m. Eastern Time on |
Correction to Press Releases Announcing Team, Inc. One-For-Ten Reverse Stock Split and Completion of One-For-Ten Reverse Stock SplitSUGAR LAND, TX, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today announced a correction of its prior press releases “Team, Inc. Announces One-For-Ten Reverse Stock Split” issued on December 9, 2022, and its later press release “Team, Inc. Completes One-For-Ten Reverse Stock Split” issued on December 21, 2022. Each press release incorrectly s |