Team, Inc. (TISI) Reports In-Line Q1 EPS
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Team, Inc. Reports First Quarter Fiscal Year 2015 Results
October 6, 2014 4:05 PM EDTSUGAR LAND, Texas, Oct. 6, 2014 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) today announced financial results for the first quarter ending August 31, 2014 of fiscal year 2015. Team reported adjusted earnings of $7.1 million ($0.34 per diluted share), versus adjusted earnings of $5.0 million ($0.23 per diluted share) for the prior year quarter. Revenues for the current year quarter were $188 million, an 8% increase compared to revenues of $174 million for the prior year quarter. (Adjusted earnings exclude the impact of acquisition related expenses of $0.2 million in the current year quarter and $0.7 million of severance costs in the prior year... More
