Team Reports Wider Loss in Q1, Eyes 15% EBITDA Growth in 2025 – May 16, 2025

From Zacks Investment Research: 2025-05-16 15:00:00

Team, Inc. (TISI) shares rose 3% after reporting Q1 2025 results, outperforming the S&P 500. However, stock declined 6.7% in the past month. Total revenues were $198.7 million, net loss widened to $29.7 million. Adjusted EBITDA decreased to $5.3 million. Inspection and Heat Treating segment revenues increased 6.8%, while Mechanical Services segment revenue declined 7.7%. Gross margin decreased to 23.8%, SG&A expenses fell 3.4%. CEO and CFO highlighted progress against strategic roadmap, with expectations of full-year growth. Company faced challenges in MS segment but saw opportunities in IHT services. Refinancing deal improved financial flexibility.



Read more at Zacks Investment Research: Team Reports Wider Loss in Q1, Eyes 15% EBITDA Growth in 2025 – May 16, 2025