Team: Q1 Earnings Snapshot
By Ap News
Published - May 14, 2024, 05:00 PM ET
Last Updated - May 14, 2024, 05:00 PM EDT
SUGAR LAND, Texas (AP) — SUGAR LAND, Texas (AP) — Team Inc. (TISI) on Tuesday reported a loss of $17.2 million in its first quarter.
On a per-share basis, the Sugar Land, Texas-based company said it had a loss of $3.89. Losses, adjusted for one-time gains and costs, came to $3.33 per share.
The industrial services provider posted revenue of $199.6 million in the period.
Team expects full-year revenue in the range of $850 million to $900 million.
