Team (TISI) Misses Q2 EPS by 28c

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Team, Inc. Reports Second Quarter 2022 Results

August 15, 2022 8:05 AM EDT

Consolidated revenue increased 5% over 2Q 2021

Announced strategic sale of Quest Integrity Business to Baker Hughes

SUGAR LAND, Texas, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (TEAM or the Company), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today reported its financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Financial and Operational Results:

Second quarter 2022 revenues were $251.3 million, an increase of 5.2% over the prior year... More