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Jan 16, 2018
SUGAR LAND, Texas, Jan. 16, 2018 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team" or "the Company") today announced that Amerino Gatti has been appointed as Chief Executive Officer and a member of the Company's Board of Directors, effective January 24, 2018. Prior to joining Team, Gatti served for more than 25 years at Schlumberger Limi...
Nov 6, 2017
SUGAR LAND, Texas, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team," "we," "our," or the "Company") today reported its financial results for the third quarter ended September 30, 2017. Revenues decreased slightly from the third quarter 2016 to $285.1 million, reflecting the negative impact from hurricanes affecting the U.S. G...
Oct 24, 2017
SUGAR LAND, Texas, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) announced today that it will issue its third quarter 2017 results after the market closes on Monday, November 6, 2017. In conjunction with this release, Team, Inc. has scheduled a conference call on Tuesday, November 7, starting at 10:00 a.m. ET (9:00 a.m. CT). By Ph...
Sep 18, 2017
Ted W. Owen Steps Down as CEO; Gary G. Yesavage Appointed Interim CEO Company Undertakes Search for Permanent CEO Board Continues Comprehensive Review of Operating Plan SUGAR LAND, Texas, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team" or "the Company") today announced that Ted W. Owen has stepped down as Chief Executive...
Sep 12, 2017
SUGAR LAND, Texas, Sept. 12, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team," "we," "our," or the "Company") today confirmed that it has received a letter from Engine Capital.  Team regularly engages with its shareholders in the ordinary course of its business.  The Company appreciates constructive input from its shareholders and takes th...
Aug 7, 2017
SUGAR LAND, Texas, Aug. 07, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team," "we," "our," or the "Company") today reported its financial results for the second quarter ended June 30, 2017. The Company had previously announced preliminary second quarter results on July 24, 2017. Revenues for the second quarter decreased by 7% to $31...
Jul 26, 2017
SUGAR LAND, Texas, July 26, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team" or the "Company") announced that it has agreed to sell to initial purchasers in a private offering $200 million principal amount of its 5.00% Convertible Senior Notes due 2023 (the "Notes"). The size of the offering was increased by $25 million from the previously...
Jul 24, 2017
SUGAR LAND, Texas, July 24, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team" or the "Company") today announced that it intends to offer, subject to market and other conditions, $175 million principal amount of Convertible Senior Notes due 2023 (the "Notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under...
Jul 24, 2017
SUGAR LAND, Texas, July 24, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team," "we," "our," or the "Company") today reported its preliminary revenue and earnings expectations for the second quarter ended June 30, 2017. Preliminary Second Quarter 2017 Results Revenues will be approximately $310 million compared to $336 million in the p...
May 9, 2017
SUGAR LAND, Texas, May 09, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team," "we," "our," or the "Company") today reported its financial results for the first quarter ended March 31, 2017. Revenues for the current quarter increased by 14% to $286.6 million compared to revenues of $250.9 million for the prior year quarter due primarily...
Apr 25, 2017
SUGAR LAND, Texas, April 25, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) announced today that it will issue its first quarter 2017 results after the market closes on Tuesday, May 9, 2017. In conjunction with this release, Team, Inc. has scheduled a conference call on Wednesday, May 10, starting at 9:00 a.m. ET (8:00 a.m. CT). By Phone: Dia...
Mar 7, 2017
SUGAR LAND, Texas, March 07, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team," "we," "our," or the "Company") today reported its financial results for the fourth quarter and full year ended December 31, 2016. Team reported a net loss of $9.4 million ($0.32 loss per diluted share) for the current year quarter versus net income of $5.5 milli...
Feb 27, 2017
SUGAR LAND, Texas, Feb. 27, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) announced today that it will issue its fourth quarter and full year 2016 results after the market closes on Tuesday, March 7, 2017. In conjunction with this release, Team, Inc. has scheduled a conference call on Wednesday, March 8, starting at 9:00 a.m. ET (8:00 a.m. CT)....
Jan 3, 2017
SUGAR LAND, Texas, Jan. 03, 2017 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced that Gary G. Yesavage, 64, has been appointed to the Team, Inc. Board of Directors.  Mr. Yesavage most recently served as Chevron's President of Manufacturing for its Downstream and Chemicals Operations from 2009 until his retirement in June 2016.  From 19...
Nov 28, 2016
SUGAR LAND, Texas, Nov. 28, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team" or the "Company") today announced that it has filed a prospectus supplement under which it may sell up to $150,000,000 of its common stock through an "at-the-market" equity offering program (the "ATM Program"). The Company intends to use the net proceeds from sale...
Nov 1, 2016
SUGAR LAND, Texas, Nov. 01, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team" or the "Company") today released financial results for the third quarter ended September 30, 2016. Team reported a net loss of $4.2 million ($0.14 loss per diluted share) for the current year quarter versus net income of $2.5 million ($0.12 earnings per diluted sh...
Oct 26, 2016
SUGAR LAND, Texas, Oct. 26, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, November 2, 2016 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the third quarter ending September 30, 2016.  The earnings release will be issued after market close on Tuesday, November 1, ...
Aug 8, 2016
Diluted EPS of $0.25Non-GAAP Adjusted EPS of $0.37Canadian Oil Sands Fires Second Quarter Impact—$5.4 million of lost revenueMerger related cost synergies realized to date—$19 million (annualized) SUGAR LAND, Texas, Aug. 08, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team" or the "Company") today released full financial resul...
Jul 29, 2016
SUGAR LAND, Texas, July 29, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Tuesday, August 9, 2016 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the second quarter ending June 30, 2016.  The earnings release will be issued after market close on Monday, August 8, 2016. ...
May 9, 2016
SUGAR LAND, Texas, May 09, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today released full financial results for the first quarter ended March 31, 2016. Team reported an adjusted net loss of $0.2 million ($0.01 loss per diluted share) for the current quarter versus adjusted net income of $5.3 million ($0.25 earnings per diluted share) for the...
Apr 27, 2016
SUGAR LAND, Texas, April 27, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Tuesday, May 10, 2016 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the first quarter ending March 31, 2016.  The earnings release will be issued after market close on Monday, May 9, 2016. The ca...
Mar 9, 2016
SUGAR LAND, Texas, March 09, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) is holding an investor conference call on Thursday, March 10, 2016 at 8:00 a.m. Central Time (9:00 a.m. Eastern) to discuss the Furmanite merger as well as the business outlook for fiscal year 2016. The call will be broadcast over the Web and can be accessed on Team's we...
Mar 1, 2016
SUGAR LAND, Texas, March 01, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team") today announced the successful completion of its merger with Furmanite Corporation, ("Furmanite"). With the closing of the merger transaction, each issued and outstanding share of Furmanite common stock has been converted into the right to receive 0.215 shares o...
Feb 25, 2016
SUGAR LAND, Texas and HOUSTON, Feb. 25, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team") and Furmanite Corporation (NYSE:FRM) ("Furmanite") today announced that stockholders of each of Team and Furmanite overwhelmingly approved their respective merger proposals related to the proposed combination of Furmanite and Team at their respective ...
Jan 11, 2016
SUGAR LAND, Texas, Jan. 11, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today released full financial results for the quarter ending November 30, 2015.  As recently announced, Team has changed its fiscal year end to December 31 and will be filing one-time, 7-month transitional financial statements for the period from June 1, 2015 through Dece...
Jan 5, 2016
SUGAR LAND, Texas, Jan. 05, 2016 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Tuesday, January 12, 2016 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the quarter ending November 30, 2015.  The earnings release will be issued after market close on Monday, January 11, 2016. ...
Dec 28, 2015
SUGAR LAND, Texas, Dec. 28, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced that Sylvia J. Kerrigan, 50, has been appointed to the Team Board of Directors. Ms. Kerrigan is the Executive Vice President, General Counsel and Secretary of Marathon Oil Corporation (NYSE:MRO) and has served in that position since 2012. From 2009 to 2012...
Nov 10, 2015
SUGAR LAND, Texas, Nov. 10, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) ("Team") today announced that its Board of Directors has approved a change in Team's fiscal year end from May 31 to December 31. This change in fiscal year end from May 31 to December 31 is being made to better align Team's reporting calendar with other NYSE listed companie...
Nov 2, 2015
Creates Balanced Portfolio of NDT Inspection/Assessment Services and Specialty Mechanical Services  Combined Company to Have Enhanced Glob...
Oct 6, 2015
SUGAR LAND, Texas, Oct. 6, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today released full financial results for the first quarter ending August 31, 2015 of fiscal year 2016. This release follows a pre-announcement of first quarter 2016 financial results issued on September 29, 2015. Team now reports adjusted earnings of $4.9 million ($0.23 per...
Sep 30, 2015
SUGAR LAND, Texas, Sept. 30, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, October 7, 2015 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the first quarter ending August 31, 2015 of its fiscal year 2016. The earnings release will be issued after market close on Tue...
Sep 29, 2015
SUGAR LAND, Texas, Sept. 29, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today pre-announced that it expects to report adjusted earnings for the first fiscal quarter ended August 31, 2015, of approximately $0.22 per share (excluding the impact of non-routine costs), compared to adjusted earnings of $0.34 per share in the first quarter of fiscal...
Aug 10, 2015
SUGAR LAND, Texas, Aug. 10, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced that Michael A. Lucas, 54, has been appointed to the Team Board of Directors. Mr. Lucas is the President and Chief Executive Officer of Powell Industries (NASDAQ:POWL). Prior to becoming the CEO of Powell Industries, Mr. Lucas spent fourteen years at Emerson...
Aug 4, 2015
Adjusted earnings of $2.00 per diluted share (excluding non-routine charges); up 35% over prior year Revenues of $842 million, up 12% over prior year Adjusted EBITDA of $99 million, up 28% over prior year SUGAR LAND, Texas, Aug. 4, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced record financial resul...
Jul 28, 2015
SUGAR LAND, Texas, July 28, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, August 5, 2015 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the fourth quarter ending May 31, 2015 of its fiscal year 2015. The earnings release will be issued after market close on Tuesday...
Jul 6, 2015
SUGAR LAND, Texas, July 6, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced that it has executed a stock purchase agreement to acquire the Qualspec Group from Clearview Capital Fund II, L.P. Qualspec is a leading provider of NDT Inspection services in the United States, with significant operations in the West Coast, Gulf Coast and Mi...
Apr 7, 2015
SUGAR LAND, Texas, April 7, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for the third quarter ending February 28, 2015 of fiscal year 2015. Team reported adjusted earnings of $2.4 million ($0.11 per diluted share), versus adjusted earnings of $0.2 million ($0.01 per diluted share) for the prior year quarter. Re...
Apr 1, 2015
SUGAR LAND, Texas, April 1, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, April 8, 2015 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the third quarter ending February 28, 2015 of its fiscal year 2015. The earnings release will be issued after market close on Tues...
Jan 13, 2015
SUGAR LAND, Texas, Jan. 13, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced that it has resumed share repurchases of its outstanding common stock under the existing June 2014 authorization from its Board of Directors. The amount of share repurchases remaining pursuant to that authorization is $36.7 million. The last time Team repurc...
Jan 6, 2015
SUGAR LAND, Texas, Jan. 6, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced record financial results for the second quarter ending November 30, 2014 of fiscal year 2015. Team reported earnings of $17.4 million ($0.80 per diluted share), versus adjusted earnings of $13.1 million ($0.62 per diluted share) for the prior year quarter. Re...
Dec 23, 2014
SUGAR LAND, Texas, Dec. 23, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, January 7, 2015 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the second quarter ending November 30, 2014 of its fiscal year 2015. The earnings release will be issued after market close on T...
Nov 4, 2014
SUGAR LAND, Texas, Nov. 4, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced that Ted W. Owen, has been named Chief Executive Officer, effective December 1, 2014. Mr. Owen was promoted to President of the Company in July 2014 and has been Chief Financial Officer since shortly after joining the Company in 1998. This action by Team's Bo...
Oct 6, 2014
SUGAR LAND, Texas, Oct. 6, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for the first quarter ending August 31, 2014 of fiscal year 2015. Team reported adjusted earnings of $7.1 million ($0.34 per diluted share), versus adjusted earnings of $5.0 million ($0.23 per diluted share) for the prior year quarter. Reven...
Sep 29, 2014
SUGAR LAND, Texas, Sept. 29, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Tuesday, October 7, 2014 at 11:00 am Eastern Time (10:00 am Central) to discuss its earnings release for the first quarter ending August 31, 2014 of its fiscal year 2015. The earnings release will be issued after market close on Mon...
Aug 5, 2014
SUGAR LAND, Texas, Aug. 5, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for the fiscal year ending May 31, 2014. Team reported earnings, adjusted for non-routine items, of $31.5 million ($1.48 per diluted share), versus adjusted net income of $32.8 million ($1.55 per diluted share) for the prior year. Revenues f...
Jul 31, 2014
SUGAR LAND, Texas, July 31, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, August 6, 2014 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the fourth quarter ending May 31, 2014 of its fiscal year 2014. The earnings release will be issued after market close on Tuesday...
Jul 9, 2014
SUGAR LAND, Texas, July 9, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced that Ted W. Owen, currently Team's Executive Vice President and Chief Financial Officer, has been promoted to President of the Company and elected to its Board of Directors. Team's Chairman and Chief Executive Officer, Philip J. Hawk, also announced t...
Jun 24, 2014
SUGAR LAND, Texas, June 24, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today pre-announced that it expects to report adjusted earnings for the fourth fiscal quarter ending May 31, 2014, of $0.60 per share (excluding the impact of the currency revaluation discussed below), up 10% compared to $0.54 per share earned in the fourth quarter of fisca...
Apr 7, 2014
SUGAR LAND, Texas, April 7, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for its fiscal year 2014 third quarter ending February 28, 2014. Team reported adjusted earnings of $0.01 per diluted share versus an adjusted loss of $0.01 per diluted share in the third quarter of the prior year. Revenues for the third qu...
Apr 2, 2014
SUGAR LAND, Texas, April 2, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Tuesday, April 8, 2014 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the third quarter ending February 28, 2014 of its fiscal year 2014. The earnings release will be issued after market close on Monday...
Mar 20, 2014
SUGAR LAND, Texas, March 20, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today pre-announced that it expects to report adjusted earnings for the third fiscal quarter ending February 28, 2014 of about $0.01 per share (excluding the impact of the currency revaluation discussed below) on revenues of about $163 million for the quarter. The results ...
Jan 7, 2014
SUGAR LAND, Texas, Jan. 7, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for the fiscal year 2014 second quarter ended November 30, 2013. Team reported net income available to shareholders of $14.4 million ($0.68 per diluted share). Excluding a non-routine revaluation gain, adjusted net income available to shareh...
Jan 2, 2014
SUGAR LAND, Texas, Jan. 2, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, January 8, 2014 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the second quarter ending November 30, 2013 of its fiscal year 2014. The earnings release will be issued after market close on Tu...
Oct 1, 2013
SUGAR LAND, Texas, Oct. 1, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for the fiscal year 2014 first quarter ended August 31, 2013. Team reported net income available to shareholders, adjusted for non-routine severance costs, of $5.0 million ($0.23 per diluted share), versus net income available to shareholder...
Sep 26, 2013
SUGAR LAND, Texas, Sept. 26, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, October 2, 2013 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the first quarter ending August 31, 2013 of its fiscal year 2014. The earnings release will be issued after market close on Tue...
Aug 6, 2013
SUGAR LAND, Texas, Aug. 6, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for the fiscal year ending May 31, 2013. Team reported earnings, adjusted for non-routine items, of $32.8 million ($1.55 per diluted share), versus adjusted net income of $34.5 million ($1.67 per diluted share) for the prior year. Revenues f...
Aug 2, 2013
SUGAR LAND, Texas, Aug. 2, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, August 7, 2013 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the fourth quarter ending May 31, 2013 of its fiscal year 2013. The earnings release will be issued after market close on Tuesday,...
Jul 25, 2013
SUGAR LAND, Texas, July 25, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today reported that it purchased Global Ascent, Inc., a leading provider of industrial rope access services. Headquartered in Fullerton, California, Global Ascent provides a range of basic and advanced NDE services and maintenance services to its clients in the ener...
Jun 24, 2013
SUGAR LAND, Texas, June 24, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced the alignment of its business activities into business groups designed to drive the Company's next phase of continued long term growth. Effective July 1, 2013, Team's operations will be organized into three business groups, Inspection and Heat Treating Servi...
May 20, 2013
SUGAR LAND, Texas, May 20, 2013 (GLOBE NEWSWIRE) -- Team, Inc., (NYSE:TISI) today announced that it is lowering its earnings guidance for the fourth quarter of its fiscal year ending May 31, 2013 to a range of $0.52 to $0.60 per fully diluted share. The revised guidance reflects lower expected profit margin performance than had been previously fore...
Apr 2, 2013
SUGAR LAND, Texas, April 2, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for its fiscal year 2013 third quarter ending February 28, 2013. Team reported an adjusted loss of $0.01 per diluted share versus adjusted earnings of $0.10 per diluted share in the third quarter of the prior year. Revenues for the third qu...
Mar 28, 2013
SUGAR LAND, Texas, March 28, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, April 3, 2013 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the third quarter ending February 28, 2013 of its fiscal year 2013. The earnings release will be issued after market close on Tue...
Mar 14, 2013
SUGAR LAND, Texas, March 14, 2013 (GLOBE NEWSWIRE) -- Team, Inc., (NYSE:TISI) today announced that it is lowering its earnings guidance for its fiscal year ending May 31, 2013 to a range of $1.70 to $1.85 per fully diluted share. The revised guidance is a decrease of $0.20 per share from the previously issued earnings guidance, and excludes the imp...
Feb 7, 2013
SUGAR LAND, Texas, Feb. 7, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced that it has completed the relocation of its corporate headquarters from Alvin, Texas to Sugar Land, Texas, both suburbs of Houston. Team's commercial, operations support and training activities remain in Alvin. Team had previously announced its relocation and...
Jan 7, 2013
ALVIN, Texas, Jan. 7, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for its fiscal year 2013 second quarter ending November 30, 2012. Team reported earnings of $0.66 per diluted share versus adjusted earnings of $0.53 per diluted share in the second quarter of the prior year. Revenues for the second quarter were ...
Jan 2, 2013
ALVIN, Texas, Jan. 2, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Tuesday, January 8, 2013 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the second quarter ending November 30, 2012 of its fiscal year 2013. The earnings release will be issued after market close on Monday, J...
Oct 1, 2012
ALVIN, Texas, Oct. 1, 2012 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for the first quarter of fiscal year 2013 ending August 31, 2012. Team reported earnings of $0.36 per diluted share versus $0.33 per diluted share earned in the first quarter of the prior year. Revenues for the first quarter were $161 million com...
Sep 25, 2012
ALVIN, Texas, Sept. 25, 2012 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Tuesday, October 2, 2012 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the first quarter ending August 31, 2012 of its fiscal year 2013. The earnings release will be issued after market close on Monday, Oc...
Jul 31, 2012
ALVIN, Texas, July 31, 2012 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for the fiscal year ending May 31, 2012. Team reported earnings, adjusted for non-routine items, of $34.5 million ($1.67 per diluted share), up 37% versus adjusted net income of $25.2 million ($1.26 per diluted share) for the prior year. Revenue...
Jul 25, 2012
ALVIN, Texas, July 25, 2012 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, August 1, 2012 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the fourth quarter and full fiscal year ending May 31, 2012. The earnings release will be issued after market close on Tuesday, July 3...
Apr 3, 2012
ALVIN, Texas, April 3, 2012 (GLOBE NEWSWIRE) -- Team, Inc., (NYSE:TISI), today reported earnings of $0.10 per diluted share on revenues of $136.5 million for its third quarter ended February 29, 2012. This compares to adjusted earnings of $0.08 per diluted share on revenues of $108.8 million in the prior year third quarter. Revenues for the...
Mar 30, 2012
ALVIN, Texas, March 30, 2012 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) will have an earnings conference call on Wednesday, April 4, 2012 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the third quarter of fiscal year ending May 31, 2012. The earnings release will be issued after market close on Tuesday, April 3, 2012...
Jan 3, 2012
ALVIN, Texas, Jan. 3, 2012 (GLOBE NEWSWIRE) -- Team, Inc., (NYSE:TISI) today reported second quarter net income available to common shareholders of $10.3 million ($0.50 per diluted share), an increase of $2.3 million, or 28%, compared to the second quarter of last year. Revenues for the second quarter were $158.3 million, an increase of $25.1 milli...
Dec 27, 2011
ALVIN, Texas, Dec. 27, 2011 (GLOBE NEWSWIRE) -- Team, Inc. (Nasdaq:TISI) will have an earnings conference call on Wednesday, January 4, 2012 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the second quarter of fiscal year ending May 31, 2012. The earnings release will be issued after market close on Tuesday, January 3...
Dec 20, 2011
ALVIN, Texas, Dec. 20, 2011 (GLOBE NEWSWIRE) -- Team, Inc. (Nasdaq:TISI) today announced the pending transfer of the listing of its common stock from the NASDAQ Global Select market (NASDAQ) to the New York Stock Exchange (NYSE). The Company expects to begin trading on the NYSE on January 3, 2012, under its current ticker symbol "TISI". Until the t...
Oct 3, 2011
ALVIN, Texas, Oct. 3, 2011 (GLOBE NEWSWIRE) -- Team Inc. (Nasdaq:TISI), reported net income of $ 6.8 million ($0.33 per diluted share) for its first quarter ended August 31, 2011, up 78% from the same quarter last year. First quarter revenues were $141.1 million, increasing $36.6 million, or 35% from the prior year first quarter. First Quar...
Sep 27, 2011
ALVIN, Texas, Sept. 27, 2011 (GLOBE NEWSWIRE) -- Team, Inc. (Nasdaq:TISI) will have an earnings conference call on Tuesday, October 4, 2011 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the first quarter of fiscal year ending May 31, 2012. The earnings release will be issued after market close on Monday, October 3, 2...
Jul 26, 2011
ALVIN, Texas, July 26, 2011 (GLOBE NEWSWIRE) -- Team, Inc. (Nasdaq:TISI) today announced financial results for the fiscal year ending May 31, 2011. Team reported earnings, adjusted for non-routine items, of $25.2 million ($1.26 per diluted share), up 62% versus adjusted net income of $15.6 million ($0.80 per diluted share) for the prior year. Reven...
Jul 19, 2011
ALVIN, Texas, July 19, 2011 (GLOBE NEWSWIRE) -- Team, Inc. (Nasdaq:TISI) will have an earnings conference call on Wednesday, July 27, 2011 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the fourth quarter and full fiscal year ending May 31, 2011. The earnings release will be issued after market close on Tuesday, July ...
Apr 4, 2011
ALVIN, Texas, April 4, 2011 (GLOBE NEWSWIRE) -- Team, Inc., (Nasdaq:TISI) today reported adjusted earnings of $0.08 per diluted share on revenues of $108.8 million for its third quarter ended February 28, 2011. This compares to adjusted earnings of $0.06 per diluted share on revenues of $104.1 million in the prior year third quarter. "Looking ahead...
Mar 29, 2011
ALVIN, Texas, March 29, 2011 (GLOBE NEWSWIRE) -- Team, Inc. (Nasdaq:TISI) will have an earnings conference call on Tuesday, April 5, 2011 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the third quarter of fiscal year ending May 31, 2011. The earnings release will be issued after market close on Monday, April 4, 2011....
Jan 4, 2011
ALVIN, Texas, Jan. 4, 2011 (GLOBE NEWSWIRE) -- Team, Inc., (Nasdaq:TISI) today reported second quarter revenues of $133.1 million, an increase of $9.8 million or 8% compared to the second quarter of last year. Net income available to common shareholders for the second quarter was $8.1 million ($0.41 per diluted share). Adjusted net income available...
Dec 28, 2010
ALVIN, Texas, Dec. 28, 2010 (GLOBE NEWSWIRE) -- Team, Inc. (Nasdaq:TISI) will have an earnings conference call on Wednesday, January 5, 2011 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the second quarter of fiscal year ending May 31, 2011. The earnings release will be issued after market close on Tuesday, January 4...
Nov 3, 2010
ALVIN, Texas, Nov. 3, 2010 (GLOBE NEWSWIRE) -- Team, Inc. (Nasdaq:TISI) today reported that it purchased Quest Integrity Group, LLC ("Quest Integrity"), a privately held advanced inspection services and engineering assessment company. Team effectively purchased 95% of Quest Integrity for a total consideration of $42.6 million, consisting of a cash ...
Oct 5, 2010
ALVIN, TX, October 5, 2010---- Team Inc. (NASDAQ: TISI), reported net income of $3.8 million ($0.20 per diluted share) for its first quarter ended August 31, 2010, an increase of $2.0 million compared to net income in the same quarter last year adjusted for non-recurring charges. Revenues of $104.5 million for the first quarter ended Augu...
Sep 29, 2010
ALVIN, TX. September 29, 2010---Team, Inc. (NASDAQ:TISI) will have an earnings conference call on Wednesday, October 6, 2010 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the first quarter of fiscal year ending May 31, 2011. The earnings release will be issued after market close on Tuesday, Octobe...
Aug 3, 2010
Attachment ALVIN, TX, August 3, 2010---- Team, Inc. (NASDAQ: TISI) today announced increased revenues and profits for...
Jul 26, 2010
ALVIN, TX. July 26, 2010---Team, Inc. (NASDAQ:TISI) will have an earnings conference call on Wednesday, August 4, 2010 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the fourth quarter and full fiscal year ending May 31, 2010. The earnings release will be issued after market close on Tuesday, August 3...
Jun 25, 2010
ALVIN, TX, June 25, 2010----- Team, Inc. (NASDAQ: TISI) today announced the promotion of two current senior vice presidents to new executive roles and titles effective immediately. Ted W. Owen, 58, has been named Executive Vice President and Chief Financial Officer. Ted leads all of Team's financial and internal audit a...
Mar 30, 2010
ALVIN, TX, March 30, 2010---- Team, Inc., (NASDAQ: TISI) today reported adjusted earnings of $0.06 per diluted share on revenues of $104 million for its third quarter ended February 28, 2010. Adjusted earnings for the quarter exclude a $2.1 million pre-tax, non-routine charge associated with the recent Venezuelan currency devaluati...
Mar 29, 2010
ALVIN, TX. March 29, 2010---Team, Inc. (NASDAQ:TISI) will have an earnings conference call on Wednesday, March 31, 2010 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the third quarter of fiscal year ending May 31, 2010. The earnings release will be issued after market close on Tuesday, March 30, 2010...
Mar 18, 2010
ALVIN, Texas, March 18, 2010 Team, Inc. (NASDAQ:TISI News) announced that it is lowering its pro-forma earnings guidance for the fiscal year ending May 31, 2010 to $0.80 - $0.90 per fully diluted share. This guidance excludes the impact of previously announced non-routine charges associated with an independent investigation and associated wi...
Jan 18, 2010
ALVIN, TX, January 18, 2010---- Team, Inc. (NASDAQ: TISI)--On Friday, January 8, 2010, the Venezuelan government announced its intention to significantly devalue its currency (Bolivar). Effective as of December 1, 2009 (the beginning of Team's third quarter of fiscal 2010) and as previously disclosed in Team's Form 10-Q filing for ...
Jan 5, 2010
ALVIN, TX, January 5, 2010---- Team, Inc., (NASDAQ: TISI) today reported net income of $5.8 million ($0.30 per diluted share) for its second quarter ended November 30, 2009. Results for the quarter included pre-tax, non-routine legal and accounting costs of $1.2 million ($.04 per diluted share, after tax) related to an ongoing, ind...
Dec 29, 2009
ALVIN, TX. December 29, 2009---Team, Inc. (NASDAQ:TISI) will have an earnings conference call on Wednesday, January 6, 2010 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the second quarter of fiscal year ending May 31, 2010. The earnings release will be issued after market close on Tuesday, January 5...
Oct 5, 2009
ALVIN, TX, October 5, 2009---- Team Inc. (NASDAQ: TISI), reported net income of $1.1 million ($0.06 per diluted share) on revenues of $100.9 million for its first quarter ended August 31, 2009. Results for the first quarter included non-routine legal and accounting costs of $1.1 million ($.03 per diluted share, after tax) related to an on...
Sep 30, 2009
ALVIN, TX. September 30, 2009---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Tuesday, October 6, 2009 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the first quarter of fiscal year ending May 31, 2010. The earnings release will be issued after market close on Monday, October 5,...
Aug 4, 2009
ALVIN, TX, August 4, 2009---- Team, Inc. (NASDAQ: TISI) today reported net income of $5.6 million ($0.29 per diluted share) and $22.9 million ($1.16 per diluted share) for its fourth quarter and full fiscal year ended May 31, 2009, respectively. "As we work through an extremely difficult near-term market environment, we hav...
Jul 31, 2009
ALVIN, TX. July 31, 2009---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Wednesday, August 5, 2009 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the fourth quarter and for the full fiscal year ended May 31, 2009. The earnings release will be issued after market close on Tuesday,...
Mar 31, 2009
ALVIN, TX, March 31, 2009 ---- Team, Inc., (NASDAQ: TISI) today reported net income of $2.2 million ($0.11 per diluted share) for its third quarter ended February 28, 2009 compared to net income of $2.9 million ($0.15 per diluted share) for the corresponding prior year quarter. For the current quarter, revenues were $104.3 million ...
Mar 30, 2009
ALVIN, TX. March 30, 2009---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Wednesday, April 1, 2009 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the third quarter of fiscal 2009. The earnings release will be issued after market close on Tuesday, March 31, 2009. The call w...
Feb 12, 2009
ALVIN, Texas, February 12, 2009 - Team, Inc., (NASDAQ:TISI) today announced revised earnings guidance for its fiscal year ending May 31, 2009 to a range of $1.25 to 1.40 per fully diluted share, reflecting the impact of the current economic environment on market demand. Team now estimates revenues...
Jan 6, 2009
ALVIN, TX, January 6, 2009---- Team, Inc., (NASDAQ: TISI) today reported a 31% increase in net income to $10.2 million ($0.51 per diluted share) for its second quarter ended November 30, 2008 compared to net income of $7.8 million ($0.40 per diluted share) for the corresponding prior year quarter. Revenues for the current quarter increased $26.4 mi...
Dec 31, 2008
ALVIN, TX. December 31, 2008---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Wednesday, January 7, 2009 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the second quarter of fiscal 2009. The earnings release will be issued after market close on Tuesday, January 6, 2009....
Oct 7, 2008
ALVIN, TX, October 7, 2008---- Team Inc., (NASDAQ: TISI) today reported a 41% increase in net income to $5.0 million ($0.25 per diluted share) for its first quarter ended August 31, 2008 compared to net income of $3.5 million ($0.18 per diluted share) for the corresponding prior year quarter. Revenues for the current quarter increased $19.9 million...
Oct 1, 2008
ALVIN, TX. October 1, 2008---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Wednesday, October 8, 2008 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the first quarter of fiscal 2009. The earnings release will be issued after market close on Tuesday, October 7, 2008. ...
Jul 23, 2008
ALVIN, TX, July 23, 2008---- Team, Inc. (NASDAQ: TISI) today reported net income of $9.4 million ($0.47 per diluted share) and $23.6 million ($1.20 per diluted share) for its fourth quarter and full fiscal year ended May 31, 2008, respectively. These are record results for both the quarter and full year reflecting net income growth of 54% and 52%...
Jul 21, 2008
ALVIN, TX. July 21, 2008---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Thursday, July 24, 2008 at 9:00 am Eastern Time (8:00 am Central) to discuss its earnings release for the fourth quarter and full year of fiscal 2008. The earnings release will be issued after market close on Wednesday, July 23, 2008. The ca...
Mar 31, 2008
ALVIN, TX, March 31, 2008---- Team Inc., (NASDAQ: TISI) today reported net income of $2.9 million, or earnings of $0.15 per diluted share, for its third quarter ended February 29, 2008 and re-affirmed its full year earnings guidance of $1.10 to $1.20 per diluted share. Team's revenues increased 48% to $108.8 million, and operatin...
Mar 26, 2008
ALVIN, TX. March 26, 2008---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Tuesday, April 1, 2008 at 11:00 am Eastern Time (10:00 am Central) to discuss its earnings release for the third quarter of fiscal 2008. The earnings release will be issued after market close on Monday, March 31, 2008. The c...
Jan 7, 2008
ALVIN, TX, January 7, 2008---- Team Inc., (NASDAQ: TISI) today reported a 43 percent increase in net income to $7.8 million ($0.40 per diluted share) for its second quarter ended November 30, 2007 compared to net income of $5.5 million ($0.29 per diluted share) for the corresponding prior year quarter. For the current year second q...
Jan 3, 2008
ALVIN, TX. January 2, 2008---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Tuesday, January 8, 2008 at 11:00 am Eastern Time (10:00 am Central) to discuss its earnings release for the second quarter of fiscal 2008. The earnings release will be issued after market close on Monday, January 7, 2008. The call will be broad...
Dec 14, 2007
ALVIN, TX, December 14, 2006---- Team Inc., (AMEX: TMI), a leading provider of specialty industrial services, announced today that its application for listing of its common stock on the NASDAQ Global Select Market ("NASDAQ") has been approved. The Company expects to begin trading on the NASDAQ under the symbol "TISI" on or about December 28, 2006. ...
Oct 3, 2007
ALVIN, TX, October 3, 2007---- Team Inc., (NASDAQ: TISI) today reported a 131 percent increase in net income to $3.5 million ($0.18 per diluted share) for its first quarter ended August 31, 2007 compared to net income of $1.5 million ($0.08 per diluted share) for the corresponding prior year quarter. Earnings per diluted share in ...
Oct 1, 2007
ALVIN, TX. October 1, 2007---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Thursday, October 4, 2007 at 11:00 am Eastern Time (10:00 am Central) to discuss its earnings release for the first quarter of fiscal 2008. The earnings release will be issued after market close on Wednesday, October 3, 2007. The call will be bro...
Jul 25, 2007
ALVIN, TX, July 25, 2007---- Team, Inc., (NASDAQ: TISI) today reported net income of $6.1 million ($0.63 per diluted share) and $15.5 million ($1.64 per diluted share) for its fourth quarter and full fiscal year ended May 31, 2007, respectively. Net income increased 52 percent and 46 percent from the corresponding fourth quarter and full year 2006...
Jul 23, 2007
ALVIN, TX. July 23, 2007---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Thursday, July 26, 2007 at 11:00 am Eastern Time (10:00 am Central) to discuss its earnings release for the fourth quarter of fiscal 2007. The earnings release will be issued after market close on Wednesday, July 25, 2007. The call will be broadcas...
Jun 4, 2007
ALVIN, TX, June 4, 2007----- Team, Inc. (NASDAQ: TISI) today reported that it completed the acquisition of Aitec, Inc. and related companies ("Aitec") on June 1, 2007. Aitec, is an NDT inspection services company headquartered near Toronto with 13 service locations across Canada, including large operations in Alberta and Ontario. The Aitec acquisi...
May 14, 2007
ALVIN, TX, May 14, 2007----- Team, Inc. (NASDAQ: TISI) today reported that it has executed a definitive agreement to purchase the stock of Aitec, Inc. and related companies ("Aitec") for approximately US $32 million in cash. Aitec, headquartered near Toronto, is the second-largest provider of NDT inspection services in Canada and has 13 service lo...
Apr 25, 2007
ALVIN, TX, April 25, 2007----- Team, Inc. (NASDAQ: TISI) today announced the planned realignment of its senior management team that will become effective on June 1, 2007 with the beginning of its new fiscal year. Ken Tholan, 68, Team's President and Chief Operating Officer, will retire at the end of this fiscal year. "Throug...
Apr 4, 2007
ALVIN, TX, April 4, 2007---- Team Inc., (NASDAQ: TISI) today reported net income of $2.4 million, or earnings of $0.26 per diluted share, for its third quarter ended February 28, 2007. This compared to net income of $2.3 million, or $0.25 per diluted share, for the same quarter last year. Team's revenues increased 17% to $73.3 million, and operat...
Apr 2, 2007
ALVIN, TX. April 2, 2007---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Thursday, April 5, 2007 at 11:00 am Eastern Time (10:00 am Central) to discuss its earnings release for the third quarter of fiscal 2007. The earnings release will be issued after market close on Wednesday, April 4, 2007. The call will be broadcast...
Jan 8, 2007
ALVIN, TX, January 8, 2007---- Team Inc., (NASDAQ: TISI) today reported net income of $5.5 million or earnings of $0.58 per diluted share, for its second quarter ended November 30, 2006. This compares favorably to last year's second quarter net income of $3.8 million or $0.41 per diluted share. Compared to last year's quarter, Team's revenues incr...
Jan 3, 2007
ALVIN, TX., January 3, 2007---Team, Inc., (NASDAQ:TISI), will have an earnings conference call on Tuesday, January 9, 2007 at 11:00 am Eastern Time (10:00 am Central) to discuss its earnings for the second quarter of fiscal 2007. The earnings release will be issued after market close on Monday, January 8, 2006.The call will be broadcas...
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