Team: Q4 Earnings Snapshot
By AP News
Published - Mar 07, 2024, 05:26 PM ET
Last Updated - Mar 07, 2024, 05:26 PM EST
SUGAR LAND, Texas (AP) — SUGAR LAND, Texas (AP) — Team Inc. (TISI) on Thursday reported a loss of $23.1 million in its fourth quarter.
The Sugar Land, Texas-based company said it had a loss of $5.25 per share. Losses, adjusted for non-recurring costs, were $3.18 per share.
The industrial services provider posted revenue of $214.1 million in the period.
For the year, the company reported a loss of $75.7 million, or $17.32 per share. Revenue was reported as $862.6 million.
