From Zacks Investment Research: 2025-03-24 14:44:00

Shares of Team, Inc. (TISI) have surged 20.1% post fourth-quarter and 2024 results, outperforming the S&P 500. Revenue for Q4 was $213.3 million with a gross margin of $57.3 million and operating income of $2.2 million. Net loss narrowed to $7.2 million. For the year, TISI generated $852.3 million in revenue, with a gross margin of $223.2 million and operating income of $10.1 million. Operational efficiency drove margin expansion, with SG&A expenses decreasing. Management is confident in their road map, attributing gains to improved pricing and project mix. Guidance includes mid-single-digit top-line growth and a long-term adjusted EBITDA margin of 10% or more.



Read more at Zacks Investment Research: Team Stock Jumps 20% After Q4 Earnings Rise and Margin Gains – March 24, 2025