Delivered Strong Quarterly Gross Margin of 29.1% Achieved $35 Million of Cost Savings During the Third Quarter Increased Annual Cost Savings Range to $85-$95 Million - Gross margin of 29.1%, surpassed the same quarter last year of 28.6% - Reduced quarterly SG&A by $23.6 million or 27.8% as
Outlines sustainability efforts and technology-based solutions to reduce emissions and increase safety performance SUGAR LAND, Texas , Nov. 3, 2020 /PRNewswire/ -- Team, Inc. (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization
SUGAR LAND, Texas , Oct. 30, 2020 /PRNewswire/ -- Team, Inc. (" TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Amerino Gatti , Chairman & Chief Executive Officer, and Susan Ball , EVP &
SUGAR LAND, Texas, Oct. 29, 2020 /PRNewswire/ -- Team, Inc. (NYSE: TISI) announced today that it will issue its third quarter 2020 results after the market closes on Wednesday, Nov. 4, 2020 . In conjunction with this release, Team, Inc. has scheduled a conference call on Thursday, Nov. 5 ,
SUGAR LAND, Texas , Sept. 17, 2020 (GLOBE NEWSWIRE) -- Team, Inc. (“TEAM”) (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Amerino Gatti , Chairman & Chief Executive Officer, and Susan Ball , EVP &
Record Quarterly Gross Margin of 30.3% Since 2015 Reduced Quarterly SG&A to Lowest Level Since 2015 Second Quarter 2020 Operating cash flow of $26 .3 million, resulted in free cash flow generation of $22 .1 million Reduced debt by over $26 million, achieved the lowest quarter-end debt level over
SUGAR LAND, Texas , July 30, 2020 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) announced today that it will issue its second quarter 2020 results after the market closes on Tuesday, August 4, 2020 . In conjunction with this release, Team, Inc. has scheduled a conference call on Wednesday, August 5
SUGAR LAND, Texas , July 13, 2020 (GLOBE NEWSWIRE) -- Team, Inc. (“TEAM”) (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that its senior management will present at the CJS Securities 20 th Annual New
SUGAR LAND, Texas , June 29, 2020 (GLOBE NEWSWIRE) -- Team, Inc. (“ TEAM” or the “Company”) (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that its senior management will present at the
Decisive Actions Implemented to Further Reduce and Control Variable Costs Gross Margin in Line with Prior Year Quarter First Quarter 2020 Quest Integrity revenues increased 16.3% over Q1 2019; Q1 2020 operating income improved 271.4% over the same period last year Consolidated gross margin of 24.3%
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