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Team Inc. (TISI)
:TISI
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-3.9Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 19, 2025
|% Change Since: 15.73%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant improvements in operating income, adjusted EBITDA, and cost management, along with successful refinancing efforts. However, there was a slight decline in revenue year-over-year, which was the only notable lowlight.Company Guidance
During the fourth quarter and full year 2024, Team, Inc. demonstrated significant financial and operational improvements, with a noteworthy 28% increase in adjusted EBITDA to $54.3 million compared to 2023. Despite a slight decline in revenue of approximately 1% year-over-year, the company achieved a robust 45.4% and 51% increase in operating income across its segments. The implementation of cost-reduction strategies resulted in a $4 million decrease in selling, general, and administrative expenses in the fourth quarter, contributing to an adjusted EBITDA of $14.6 million, up nearly $5 million from the prior year period. Team's strategic refinancing efforts lowered their blended interest rate by over 100 basis points and extended term loan maturities to 2030, enhancing financial flexibility with $325 million in total debt and $77 million of liquidity by year-end. Looking forward to 2025, Team anticipates mid-single-digit revenue growth and at least 15% growth in adjusted EBITDA, driven by ongoing top-line and cost management initiatives, aiming toward a targeted adjusted EBITDA margin of 10% or more.Improvement in Operating Income
Operating income in both segments increased by 45.4% and 51% respectively in the fourth quarter.
Adjusted EBITDA Growth
Adjusted EBITDA for the full year 2024 was over $54 million, a 28% improvement over 2023.
Successful Refinancing
Refinancing lowered the blended interest rate by over 100 basis points and extended term loan maturities to 2030.
Cost Management Success
Selling, general and administrative expenses decreased by over $4 million in Q4 and almost $11 million compared to 2023.
Improved Free Cash Flow
Generated $13.3 million of free cash flow for 2024.
Decrease in Net Loss
Consolidated net loss for the year decreased by almost 50% to $38.3 million, a $37.5 million improvement over the prior year.
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TISI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TISI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 19, 2025 | $14.49 | $14.61 | +0.83% |
| Nov 11, 2024 | $21.38 | $15.37 | -28.11% |
| Aug 08, 2024 | $9.30 | $9.42 | +1.29% |
| May 14, 2024 | $6.76 | $7.80 | +15.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Team Inc. (TISI) report earnings?
Team Inc. (TISI) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Team Inc. (TISI) earnings time?
Team Inc. (TISI) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TISI EPS forecast?
Currently, no data Available
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