Team: Q2 Earnings Snapshot - Albuquerque Journal

Team: Q2 Earnings Snapshot

SUGAR LAND, Texas — Team Inc. (TISI) on Tuesday reported a loss of $17.5 million in its second quarter.

On a per-share basis, the Sugar Land, Texas-based company said it had a loss of 57 cents. Losses, adjusted for one-time gains and costs, were 48 cents per share.

The industrial services provider posted revenue of $238.9 million in the period.

Team shares have declined 40% since the beginning of the year. The stock has risen 72% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TISI at https://www.zacks.com/ap/TISI


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