Team Past Earnings Performance

Past criteria checks 0/6

Team's earnings have been declining at an average annual rate of -7.9%, while the Commercial Services industry saw earnings growing at 17% annually. Revenues have been declining at an average rate of 9.1% per year.

Key information

-7.9%

Earnings growth rate

-1.4%

EPS growth rate

Commercial Services Industry Growth	9.7%
Revenue growth rate	-9.1%
Return on equity	-166.1%
Net Margin	-8.8%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Team makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:T9CA Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	863	-76	200
30 Sep 23	860	-110	199
30 Jun 23	871	-124	203
31 Mar 23	853	-136	211
31 Dec 22	840	-150	220
30 Sep 22	832	-131	226
30 Jun 22	812	-195	230
31 Mar 22	789	-189	224
31 Dec 21	794	-185	227
30 Sep 21	798	-162	223
30 Jun 21	820	-80	212
31 Mar 21	810	-72	226
31 Dec 20	853	-237	238
30 Sep 20	933	-230	256
30 Jun 20	1,004	-228	278
31 Mar 20	1,131	-208	294
31 Dec 19	1,163	-32	328
30 Sep 19	1,185	-21	320
30 Jun 19	1,186	-38	340
31 Mar 19	1,214	-75	352
31 Dec 18	1,247	-63	359
30 Sep 18	1,253	-47	352
30 Jun 18	1,248	-107	350
31 Mar 18	1,216	-87	348
31 Dec 17	1,200	-84	348
30 Sep 17	1,204	-113	357
30 Jun 17	1,208	-34	353
31 Mar 17	1,232	-16	339
31 Dec 16	1,197	-13	317
30 Sep 16	1,186	-9	302
30 Jun 16	1,140	-2	284
31 Mar 16	1,039	5	260
31 Dec 15	980	15	239
30 Nov 15	917	29	218
31 Aug 15	877	34	203
31 May 15	842	40	190
28 Feb 15	815	37	184
31 Dec 14	813	36	183
30 Nov 14	803	35	181
31 Aug 14	763	32	175
31 May 14	750	30	171
28 Feb 14	739	29	169
30 Nov 13	727	30	166
31 Aug 13	727	29	163
31 May 13	714	32	158

Quality Earnings: T9CA is currently unprofitable.

Growing Profit Margin: T9CA is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: T9CA is unprofitable, and losses have increased over the past 5 years at a rate of 7.9% per year.

Accelerating Growth: Unable to compare T9CA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: T9CA is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-13.9%).

Return on Equity

High ROE: T9CA has a negative Return on Equity (-166.07%), as it is currently unprofitable.

Team Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: US$17.32 loss per share (vs US$35.85 loss in FY 2022)

Second quarter 2023 earnings released: US$3.61 loss per share (vs US$6.53 loss in 2Q 2022)

First quarter 2023 earnings released: US$5.69 loss per share (vs US$8.61 loss in 1Q 2022)

Full year 2022 earnings released: US$35.85 loss per share (vs US$60.06 loss in FY 2021)

First quarter 2022 earnings released: US$0.86 loss per share (vs US$1.11 loss in 1Q 2021)

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Recent updates

Team, Inc., Annual General Meeting, May 22, 2024

Team, Inc. Appoints Pamela J. Mcginnis to Its Board of Directors

Team, Inc. Receives A Written Notice from the New York Stock Exchange Regarding Non-Compliance with the Continued Listing Standards Set in Rule 802.01B of the NYSE Listed Company Manual

Full year 2023 earnings released: US$17.32 loss per share (vs US$35.85 loss in FY 2022)

Team Inc Appoints Michael J. Caliel as Executive Chairman

Second quarter 2023 earnings released: US$3.61 loss per share (vs US$6.53 loss in 2Q 2022)

Team Regains Compliance with NYSE Continued Listing Standards

First quarter 2023 earnings released: US$5.69 loss per share (vs US$8.61 loss in 1Q 2022)

Full year 2022 earnings released: US$35.85 loss per share (vs US$60.06 loss in FY 2021)

High number of new and inexperienced directors

Team, Inc. Appoints Keith Tucker as Chief Executive Officer Effective as of November 22, 2022

High number of new and inexperienced directors

TEAM, INC. Receives Continued Listing Notice From NYSE

Baker Hughes Holdings LLC acquired Quest Integrity Business from Team, Inc. (NYSE:TISI) for approximately $279 million.

Team, Inc. announced delayed 10-Q filing

High number of new and inexperienced directors

Team Receives Non-Compliance Notice from NYSE

Team, Inc.(NYSE:TISI) dropped from Russell 2000 Value Index

Team Receives Continued Listing Standard Notice from NYSE

Team, Inc. Announces Executive Changes

Team, Inc. announced delayed 10-Q filing

First quarter 2022 earnings released: US$0.86 loss per share (vs US$1.11 loss in 1Q 2021)

Less than half of directors are independent

Team Regains Compliance with NYSE Continued Listing Standards

Independent Director recently bought €72k worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Team, Inc. announced that it has received $9.999999 million in funding from Corre Partners Management, LLC

Team Receives Continued Listing Notice from NYSE

Chad Murray Notifies His Intention to Resign as President of Mechanical and Onstream Services of Team, Inc., Effective February 25, 2022

Independent Director Brian Ferraioli has left the company

Independent Director Craig Martin has left the company

Lead Independent Director Louis Waters has left the company

Director Candice Koederitz has left the company

Independent Director Gary Yesavage has left the company

Independent Director Robert Skaggs has left the company

Independent Director Michael Lucas has left the company

Less than half of directors are independent

Third quarter 2021 earnings released: US$2.94 loss per share (vs US$0.30 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.56 loss per share (vs US$0.44 loss in 2Q 2020)

First quarter 2021 earnings released: US$1.11 loss per share (vs US$6.54 loss in 1Q 2020)

Advisor has left the company

Full year 2020 earnings released: US$7.74 loss per share (vs US$1.07 loss in FY 2019)

Revenue misses expectations

Team, Inc. to Report Q4, 2020 Results on Mar 09, 2021

New 90-day high: €10.00

Team, Inc. Announces Grant Roscoe to Transition Out of President and to Serve as an Advisor

Team, Inc. Announces the Executive Leadership Appointments

New 90-day high: €9.55

New 90-day high: €9.15

Lead Independent Director recently bought €343k worth of stock

New 90-day high: €6.80

Team, Inc. Announces the Retirement of Emmett J. Lescroart as Member of the Board of Directors, Effective as of December 31, 2020

Revenue misses expectations

Third quarter 2020 earnings released: US$0.30 loss per share

Team, Inc. to Report Q3, 2020 Results on Nov 04, 2020

First half earnings released

Team, Inc. to Report Q2, 2020 Results on Aug 04, 2020

New 90-day low - €3.22

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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