Over the past ten years, Team has proven to be a consistent, high profit growth company. Even with consideration of the recent economic recession,over the last ten years, Team's revenues have grown at a compound annual rate of over 20% and its fully diluted earnings per share have grown even faster.
We believe Team has attractive future growth prospects as well. Despite its significant past growth, we estimate Team's market share in the industrial services industry is less than 20%. As a leader in this highly fragmented industry, Team has been able to capitalize on the clear trends in industrial services procurement for companies to consolidate their purchases with fewer, larger, and more professional service providers.
Team, Inc. is part of the Russell 2000 Index. For three consecutive years, Team has been named to Forbes Magazine's 200 Best Small Company List and Fortune Magazine's 100 Fastest Growing Companies List. For ten consecutive years, Team has been named one of the Houston 100 Best Companies by the Houston Chronicle.
May 9, 2017
Team, Inc. Reports First Quarter 2017 Results
Ted W. Owen
President & CEO
13131 Dairy Ashford, Suite 600
Sugar Land, TX 77478
United States Of America