{"filings":[{"id":1580960,"accession_number":"0001193125-26-300929","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2026-07-10T20:15:12+00:00","items":["5.02","9.01"],"status":"ready","headline":"Team Inc. amends executive severance policy, caps change-in-control benefits at 24 months","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment reduces maximum supplemental salary and compensation payments to 24 months for change-in-control-related terminations.","Supplemental bonus payment now calculated using higher of most recent year's actual bonus or two-year average, or target if no bonus earned.","Effective July 7, 2026; applies to covered corporate executive officers.","No departure or appointment of officers reported; only policy amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1222436,"accession_number":"0001193125-26-279459","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2026-06-23T20:15:12+00:00","items":["5.02","9.01"],"status":"ready","headline":"Team Inc. CFO Nelson Haight departing June 22; Clinton Roeder named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Nelson Haight steps down as EVP/CFO effective June 22, 2026; remains Special Advisor through July 3, 2026.","Haight severance includes $603,750 over 15 months, prorated 2026 target bonus, $15,500 healthcare, immediate vesting of 18,703 RSUs and prorated vesting of 130,922 PSUs.","New CFO Clinton Roeder appointed; previously CFO of PrimeFlight Aviation (2020-2026), Nine Energy Services (2017-2020), Total Safety (2013-2017).","Roeder's compensation: $500,000 base salary, 75% target bonus, $500,000 equity grants (30% RSUs/70% PSUs with 3-year performance cliff)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":554956,"accession_number":"0000318833-26-000032","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2026-05-20T20:22:04+00:00","items":["5.02","5.07"],"status":"ready","headline":"Team Inc. shareholders approve 250,000 share increase in equity plan and Stellex warrant issuance at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Re-elected three Class I directors (Horton, Lederman, Ytterdahl) with over 2.2M votes each.","Approved advisory say-on-pay for fiscal 2026 (2,246,468 for, 6,521 against).","Ratified KPMG as independent auditor for fiscal 2026 (2,867,656 for).","Approved Stellex warrant shares issuance per NYSE Rule 312.03(c) (2,276,017 for).","Approved Amendment No.1 to 2018 Equity Incentive Plan adding 250,000 shares (2,290,371 for)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":69241,"accession_number":"0000318833-26-000023","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2026-05-13T20:35:40+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc. posts Q1 revenue $215.1M (+8.3% YoY); net loss improves $18.4M to $11.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $215.1M, up 8.3% YoY; gross margin $50.2M, up 6.1%.","Net loss $11.3M, improvement of $18.4M from prior year; Adjusted EBITDA $7.7M, up 45.2%.","Adjusted SG&A improved to 21.2% of revenue from 22.7%.","FY2026 guidance: revenue +~4%, gross margin +~8%, Adj. EBITDA +~16% at midpoint vs FY2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":215056000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113175,"accession_number":"0000318833-26-000006","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc. reports Q4 2025 revenue up 5.4% to $224.8M; full-year Adj. EBITDA up 11.9% to $60.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $224.8M (+5.4% YoY); net loss improved 47.4% to $3.8M from $7.2M.","FY2025 revenue $896.5M (+5.2%); net loss $49.2M (incl. $13.1M debt extinguish.); Adj. EBITDA $60.7M (+11.9%).","Q4 cash from ops $16.8M; free cash flow $14.6M; adjusted SG&A improved 150bps to 20.0%.","CEO Hill targets accelerating revenue and EBITDA growth in 2026; expansion into aerospace/power end markets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.68,"calibrated_materiality_score":0.68,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113174,"accession_number":"0001193125-26-042817","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2026-02-09T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Team Inc. CEO Keith Tucker departs; receives $1.125M severance, $375K consulting fee, equity vesting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Keith Tucker departed Jan 31, 2026; termination was without cause.","Severance: $1.125M over 18 months, 2025 bonus, $19K health benefit.","28,055 time-based RSUs vest immediately; 196,384 PSUs vest with 78% proration.","Consulting: 12-month, $375K fee, limited to 10 hrs/month, paid over 6 months starting 18 months post-separation.","24-month non-compete and non-solicitation covenants apply."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113173,"accession_number":"0001193125-26-022764","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2026-01-26T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Team Inc. appoints Gary Hill as CEO effective Feb 1; Keith Tucker retires","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Keith Tucker retires after 20 years; departure not due to any disagreement.","Gary Hill appointed CEO effective Feb 1, 2026; brings 30+ years in industrial services.","Hill receives $750k base salary, 100% target bonus, sign-on RSUs ($562.5k) and PSUs ($1.3125M).","Severance enhanced: 18 months base salary without cause; 2 years base + bonus on change in control.","Company reaffirms previously issued 2025 outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129566,"accession_number":"0000318833-25-000069","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc. Q3 revenue up 6.7% to $225M, Adjusted EBITDA rises 28.6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $225.0M, up 6.7% YoY; gross margin $58.0M, up 8.4%.","Net loss $11.4M; Adjusted EBITDA $14.5M (6.5% of revenue), up 28.6% from $11.3M.","Adjusted SG&A improved to 20.8% of revenue from 21.7% in prior-year Q3.","Closed $75M preferred stock private placement in September, reducing debt and improving financial flexibility."],"consensus_eps_estimate":null,"consensus_eps_actual":-10.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":671657000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129565,"accession_number":"0001193125-25-250624","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2025-10-27T23:59:59+00:00","items":["5.02","7.01","8.01","9.01"],"status":"ready","headline":"Team Inc. appoints two Stellex-nominated directors; Davis to resign Dec 31; Caliel becomes non-executive Chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["K. Niclas Ytterdahl and Michael Stewart appointed to the Board effective Oct 24, 2025, increasing board size from 7 to 9.","Jeffery G. Davis will resign as director and from all committees effective Dec 31, 2025; no dispute with the Company.","Michael J. Caliel returns to non-executive Chairman role immediately, relinquishing Executive Chairman title.","Ytterdahl serves on Audit and Governance Committees; Stewart on Compensation; Stewart receives no director compensation.","Both directors are nominees of Stellex Capital Management per the September 2025 Shareholders Agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146140,"accession_number":"0001193125-25-202462","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2025-09-15T23:59:59+00:00","items":["1.01","2.03","3.02","3.03","5.03","7.01","9.01"],"status":"ready","headline":"Team Inc. raises $75M via preferred stock and warrants; repays debt and amends credit facilities","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued Series B Preferred and warrants to Stellex for $75M; used $25M to repay ABL, ~$42.9M to repay second lien term loan.","Up to $30M additional delayed draw available through Sept 2027; 30,000 more preferred shares issuable.","ABL credit facility increased from $130M to $150M, maturity extended to Oct 2028; interest rate margin reduced.","First lien and second lien term loan covenants amended; max First Lien Net Leverage Ratio raised to 6.00x through end of 2026.","Stellex gets right to appoint two independent directors; voting agreement with 35% holder Corre supporting transactions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146139,"accession_number":"0000318833-25-000058","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2025-08-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"TEAM Inc reports Q2 revenue up 8.5% to $248M; net loss narrows but still $4.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $248.0M, up 8.5% YoY; gross margin $68.1M, up 7.1% YoY.","Net loss of $4.3M; Adjusted EBITDA $24.5M (9.9% of revenue), up 12.4% from $21.8M.","Adjusted SG&A improved to 18.9% of revenue from 19.8% in Q2 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-7.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":446681000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164455,"accession_number":"0001193125-25-145361","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K/A","filed_at":"2025-06-24T23:59:59+00:00","items":["3.03","5.03","5.07","9.01"],"status":"ready","headline":"Team Inc. reverses charter amendment after realizing it lacked required shareholder vote","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed Charter Amendment on June 18 to delete language defining 'cause' for director removal.","On June 24, filed Certificate of Correction to undo amendment; it is null and void ab initio.","The amendment required at least two-thirds of outstanding shares; that threshold was not reached.","Prior 8-K incorrectly reported the charter amendment as passed; corrected in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164457,"accession_number":"0000318833-25-000049","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2025-06-20T23:59:59+00:00","items":["3.03","5.07","5.03"],"status":"ready","headline":"Team Inc. shareholders approve charter amendment removing cause definition for director removal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved charter amendment deleting specific cause definition for director removal: 2,246,502 For, 21,462 Against.","Amendment removes language requiring felony conviction or gross negligence adjudication for cause-based removal.","J. Michael Anderson and Jeffery G. Davis re-elected as Class III directors with ~2.21M votes each.","Advisory say-on-pay proposal approved with 2,253,425 For, 14,007 Against.","Ratification of KPMG as independent auditor for FY2025 approved with 3,180,197 For."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164456,"accession_number":"0000318833-25-000036","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc. Q1 2025 net loss $29.7M; revenue $198.7M; refinancing completed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $198.7M, gross margin 23.8%.","Net loss of $29.7M includes $11.9M loss on debt extinguishment from March refinancing.","Adjusted EBITDA of $5.3M (2.7% of revenue); adjusted SG&A improved to 22.7% of revenue.","Refinancing closed March 2025 extended maturities to 2030 and lowered blended rate by over 100 bps."],"consensus_eps_estimate":null,"consensus_eps_actual":-6.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":198655000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182209,"accession_number":"0000318833-25-000020","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K/A","filed_at":"2025-03-20T23:59:59+00:00","items":["9.01","2.02"],"status":"ready","headline":"Team Inc Q4 net loss narrows to $7.2M; Adj EBITDA +50.5% to $14.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $213.3M (flat YoY); gross margin 26.9% (+330 bps); net loss $7.2M vs $23.1M loss in Q4 2023.","Q4 Adjusted EBITDA $14.6M (6.9% of rev), up 50.5% YoY; operating cash flow $21.6M, FCF $19.6M.","Full year 2024 rev $852.3M (-1.2%); net loss $38.3M ($8.64/sh) vs $75.7M in 2023; Adj EBITDA $54.3M (+27.7%).","Guides mid-single-digit rev growth 2025, ≥15% Adj EBITDA growth, targeting 10%+ margin; $10M+ cost savings.","Closed March 2025 refinancing extending maturities to 2030, lowering blended rate by >100 bps."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182212,"accession_number":"0000318833-25-000013","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2025-03-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc. Q4 net loss improves to $7.2M; Adjusted EBITDA up 50.5% to $14.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 rev $213.3M (flat); gross margin 26.9% (+330bps); Q4 net loss $7.2M vs $23.1M in Q4 2023.","Q4 Adj EBITDA $14.6M (6.9% rev), up 50.5% YoY; FY Adj EBITDA $54.3M (6.4% rev), up 27.7%.","Q4 cash from ops $21.6M, Free Cash Flow $19.6M; FY net loss $38.3M vs $75.7M in 2023.","Refinancing closed March 2025 extended maturities to 2030; blended rate down >100bps.","2025 guidance: mid-single digit rev growth, at least 15% Adj EBITDA growth, target margin >=10%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182211,"accession_number":"0001193125-25-053470","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2025-03-13T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Team, Inc. closes $225M refinancing; lowers cost of capital, extends maturities to 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Closed $175M first lien term loan (SOFR + 6.0-7.0%) and $50M delayed draw facility, both maturing March 2030.","Rolled over $97.4M into new second lien term loan (13.5% initial rate) maturing June 2030; blended rate improved >100 bps.","Proceeds repaid $35M ABL delayed draw, $22.3M equipment/real estate loans, $46.3M incremental term loan and $54.1M of existing term loan.","Existing ABL facility with Eclipse Business Capital continues; amended to permit the refinancing.","CEO cites improved operating performance and cash flow as key to completing the transaction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182210,"accession_number":"0000318833-25-000008","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2025-01-10T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"TEAM, Inc. EVP, Chief Legal Officer & Secretary resigns effective Jan 18, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["André C. Bouchard resigns as EVP, Administration, Chief Legal Officer and Secretary.","Effective date of resignation: January 18, 2025.","Bouchard's departure is a personal decision to pursue another opportunity.","No disagreement with TEAM, Inc. on operations, policies, or practices.","No replacement or interim appointment disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198839,"accession_number":"0000318833-24-000072","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Q3 revenue $210.8M (+2% YoY); Adj EBITDA $11.3M, net loss narrows to $11.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $210.8M, up 2% YoY; gross margin maintained at 25.4%.","Operating income $3.2M, improvement of $4.4M vs Q3 2023.","Net loss $11.1M, an 8.3% improvement year over year.","Consolidated Adjusted EBITDA $11.3M (5.4% revenue); nine-month $39.6M (6.2%).","ABL Credit Facility amended and extended on Sep 30 for additional liquidity and improved pricing."],"consensus_eps_estimate":null,"consensus_eps_actual":-7.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":638976000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198838,"accession_number":"0000318833-24-000059","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2024-10-01T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"TEAM extends ABL credit facility maturity to September 2027, improves pricing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Extended maturity of ABL revolver ($130M), term loan ($27.4M) and DDTL ($35M) from Aug 2025 to Sep 2027.","Lowered interest margins: Revolver SOFR margin cut to 3.5%-4.25% (was 4.1%-4.6%); DDTL SOFR cut to 8.5%-10% (was flat 10%).","Expanded borrowing base via increased advance rates; $7.5M minimum availability springing covenant if FCCR falls below thresholds.","CEO says improved operations enabled better terms; ABL renewal is 'first step' toward further capital structure improvements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214879,"accession_number":"0000318833-24-000052","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc Q2 2024 revenue $228.6M, net loss $2.8M, adj EBITDA up 25% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $228.6M; net loss $2.8M, a $13.0M improvement YoY.","Gross margin improved 240 bps to 27.8%.","Adjusted EBITDA $21.8M (9.5% of rev), up 25% from $17.4M in Q2 2023.","Adjusted SG&A 19.8% of rev, declined $2.0M vs prior year.","Reaffirmed 2024 full-year guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":-4.52,"consensus_revenue_estimate":null,"consensus_revenue_actual":428218000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234060,"accession_number":"0000318833-24-000042","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2024-05-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"TEAM shareholders elect directors, approve say-on-pay, equity plan amendment, auditor ratification","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Class II directors Caliel, McGinnis, Stenger re-elected with ~96% of votes cast.","Advisory vote on NEO compensation approved: 2,117,810 for, 102,550 against.","Second amendment of 2018 Equity Incentive Plan approved: 2,115,657 for, 105,633 against.","Ratification of KPMG as auditor for FY2024 approved: 2,718,357 for, 7,259 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234059,"accession_number":"0000318833-24-000040","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2024-05-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Team Inc. posts investor presentation and recording with CEO/CFO discussing Q1 results and strategic vision","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Press release announces updated investor presentation and recorded discussion posted on Company's website.","CEO Keith Tucker and CFO Nelson Haight discuss key highlights of presentation slide by slide.","Presentation reintroduces TEAM's capabilities, outlines strategic vision, and discusses recent Q1 2024 results.","No specific financial figures or guidance changes disclosed in this announcement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234058,"accession_number":"0000318833-24-000034","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2024-05-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc. Q1 2024: Revenue $199.6M, net loss narrows to $17.2M, Adj. EBITDA rises 55%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $199.6M; net loss of $17.2M improved $7.5M YoY from $24.7M loss.","Adjusted EBITDA grew 54.7% to $6.5M (3.3% of revenue) vs $4.2M (2.1%) in Q1 2023.","Gross margin up 120 bps to 24.4%; adjusted SG&A reduced $0.8M YoY.","Cash from operations turned positive at $1.9M, an improvement of $19.6M vs prior year.","Full year 2024 Adj. EBITDA guidance set at $58M to $68M; commercial review completed."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.89,"consensus_revenue_estimate":null,"consensus_revenue_actual":199600000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234057,"accession_number":"0000318833-24-000026","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2024-04-08T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Team, Inc. appoints Pamela J. McGinnis to Board, increases board size to seven","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Pamela J. McGinnis appointed as Class II director effective April 3, 2024; term expires at 2024 annual meeting.","McGinnis brings over 30 years of executive experience at Phillips 66; appointed to Compensation Committee.","Board size increased from six to seven directors; McGinnis deemed independent under NYSE rules.","CFO Nelson Haight's severance modified: base salary continuation from 12 to 15 months; change-in-control payment from 24 to 30 months."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252007,"accession_number":"0000318833-24-000012","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2024-03-15T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"Team, Inc. receives NYSE delisting notice for failing $50M market cap and equity thresholds","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Notice received March 14, 2024 for non-compliance with NYSE Rule 802.01B: avg global market cap <$50M and shareholders' equity <$50M over 30 days.","Company has 45 days to submit a plan to regain compliance within 12 months; NYSE approval required.","Common stock (TISI) continues trading on NYSE during cure period; no immediate impact on debt agreements.","Company considering options but cannot assure compliance or continued listing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252006,"accession_number":"0000318833-24-000003","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2024-03-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Q4 2023 revenue $214.1M, net loss narrows; Adjusted EBITDA up 45%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $214.1M (+1.3% YoY); net loss $23.1M vs $56.9M loss in Q4 2022.","Q4 Adjusted EBITDA $9.7M (4.5% of revenue), up 45.1% from $6.7M.","FY 2023 revenue $862.6M (+2.7%); net loss $75.7M vs $150.1M loss in 2022.","FY 2023 Adjusted EBITDA $42.5M, up 155.1% from $16.7M in 2022.","Expects annualized cost savings at least $16M; additional $4M in Q1 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269542,"accession_number":"0000318833-23-000049","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team, Inc. Q3 2023 revenue $206.7M, net loss narrows 54% YoY to $12.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $206.7M; gross margin 25.5% ($52.8M).","Net loss from continuing ops $12.1M vs $26.6M YoY, a 54.4% improvement.","Consolidated Adjusted EBITDA $11.1M (5.4% of revenue), up from $10.6M.","SG&A reduced 7.6% ($3.7M) vs prior-year period.","Repaid remaining $41.2M of convertible notes with June 2023 refinancing proceeds."],"consensus_eps_estimate":null,"consensus_eps_actual":-12.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":648484000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269541,"accession_number":"0000318833-23-000033","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["5.02","7.01","8.01","9.01"],"status":"ready","headline":"Team Inc. appoints Michael J. Caliel as Executive Chairman, creates Lead Independent Director role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael J. Caliel, previously non-executive Chairman, named Executive Chairman effective Nov 6, 2023, focusing on long-term strategy.","Anthony R. Horton appointed Lead Independent Director and replaces Caliel as chair of Executive Committee and Governance Committee.","CEO Keith Tucker remains, with new compensation: $750k base salary, 100% target bonus, and $2.25M LTI grant (RSU and performance RSU).","Caliel will continue on Executive Committee; Ted Stenger replaces Caliel on Compensation Committee.","No family relationships or related-party transactions reported between Tucker and any director or officer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286521,"accession_number":"0000318833-23-000029","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-08-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc Q2 revenue up 8% to $239.5M, net loss improves $12.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $239.5M, up 8% YoY; gross margin 25.4% (+190 bps vs Q2 2022).","Net loss of $15.8M improved $12.4M from prior year; adj EBITDA $17.4M (7.3% of revenue).","Reduced ongoing cash SG&A by $3.2M in Q2, $8.3M year-to-date in 2023.","Repaid remaining $41.2M convertible notes on Aug 1, 2023 using June 2023 refinancing proceeds."],"consensus_eps_estimate":null,"consensus_eps_actual":-9.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":441769000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306436,"accession_number":"0001193125-23-169561","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-06-20T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Team, Inc. closes $87.4M refinancing; extends debt maturities to 2025-2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $57.5M senior secured first lien term loan from Corre Partners (12% cash interest; due Dec 2026).","New $27.4M term loan from Eclipse Business Capital secured by real estate/machinery (due Aug 2025).","Existing revolver amended to extend maturity to Aug 2025 and add $2.5M availability.","Proceeds used to repay $41M convertible notes due Aug 2023 and existing Atlantic Park term loan.","Board rights agreement gives Corre the right to nominate up to three directors and a chairperson."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306435,"accession_number":"0001193125-23-154192","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-05-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Team, Inc. secures $87.4M in new financing to refinance convertible notes and term loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Committed $57.5M 12% senior secured first lien term loan from Corre Management Partners, due Dec 2026, comprising $37.5M tranche and $20M delayed draw tranche.","Committed $27.4M eclipse term loan secured by real estate and equipment, maturing Aug 2025; revolver extended to Aug 2025 with an extra $2.5M availability.","Proceeds will repay $41M of convertible notes due Aug 2023 and the existing senior secured term loan with Atlantic Park Strategic Capital Fund.","CEO expects the refinancing to remediate the going concern disclosure from the 2022 annual report and support turnaround plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306434,"accession_number":"0000318833-23-000020","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-05-16T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Team Inc. shareholders re-elect two Class I directors and approve all proposals at 2023 Annual Meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Director nominees Anthony R. Horton and Evan S. Lederman re-elected with ~2.1M votes for each.","Advisory vote on named executive officer compensation approved: 2,019,276 for, 126,522 against.","Say-on-pay frequency set to every 1 year (2,121,362 votes for 1-year option).","Ratification of KPMG LLP as independent auditor for FY 2023 passed: 2,950,823 for, 9,785 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306433,"accession_number":"0000318833-23-000016","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-05-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc. Q1 2023 revenue $202.3M (+7% YoY); net loss narrows to $24.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $202.3M, up 7% YoY ($13.2M increase); up nearly 9% excluding FX headwinds.","Gross margin improved 150 bps to 23.2% from 21.7% in Q1 2022.","Net loss improved to $24.7M from $38.3M in Q1 2022, a $13.6M improvement.","Adjusted EBITDA turned positive at $4.2M, up $10.6M from negative prior year.","Reduced ongoing cash SG&A by $5.1M, approximately $20M on an annualized basis."],"consensus_eps_estimate":null,"consensus_eps_actual":-5.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":202277000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325571,"accession_number":"0000318833-23-000009","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-03-30T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Team, Inc. extends $10M subordinated loan draw period to Sept 30, 2023","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment No. 12 extends the February 2022 Delayed Draw Availability Period from March 31, 2023 to September 30, 2023.","The facility allows borrowing up to $10.0 million in subordinated delayed draw term loans from lenders including Corre Credit Fund, LLC.","Cantor Fitzgerald Securities remains agent; no other material changes to the credit agreement were made.","The company reaffirmed all obligations under the loan documents and guarantees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325570,"accession_number":"0001193125-23-070283","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-03-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Team Inc. files pro forma financials reflecting sale of TQ Acquisition to Baker Hughes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Pro forma 2022 revenues of $840.2M versus $941.6M historical, excluding TQ Acquisition.","Pro forma income from continuing operations of $82.6M vs. historical loss of $133.3M; includes $202.2M gain on sale.","Pro forma diluted EPS of $19.73 vs. historical $16.74 (including discontinued ops).","Transaction closed Nov 1, 2022; pro forma assumes Jan 1, 2022 effective date.","Pro forma adjustments include debt paydown ($36.8M interest reduction) and $34.1M write-off of debt costs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325569,"accession_number":"0000318833-23-000003","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2023-03-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"TEAM Q4 revenue up 4% to $211M; Adj. EBITDA turns positive to $6.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $211.3M (+4.0% YoY); gross margin 24.8% vs 22.1% prior year.","Q4 net loss from continuing ops $56.9M includes $30.1M loss on debt extinguishment.","Q4 Adjusted EBITDA improved to $6.7M from negative $1.6M in Q4 2021.","Full year 2022 revenue $840.2M (+5.8%); net loss $150.1M vs $184.8M loss in 2021.","Net debt reduced to $227.9M from $350.7M; liquidity $103.5M after Quest sale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343319,"accession_number":"0000318833-22-000136","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-12-22T23:59:59+00:00","items":["3.03","5.03","7.01","9.01"],"status":"ready","headline":"Team, Inc. completes 1-for-10 reverse stock split, reduces authorized shares to 12M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective 5:00 p.m. ET Dec 21, 2022; shares begin trading split-adjusted on NYSE Dec 22 under same ticker TISI with new CUSIP 878155 308.","Outstanding shares reduced from ~43.4M to ~4.34M; authorized shares reduced from 120M to 12M.","Fractional shares eliminated; cash payment based on aggregate sale by transfer agent Computershare, not closing price (correction issued Dec 22).","Conversion rate on 5.00% Convertible Senior Notes due 2023 adjusted from 46.0829 to 4.6083 shares per $1,000 principal.","Proportionate adjustments made to warrants, equity awards, and convertible securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343309,"accession_number":"0000318833-22-000130","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K/A","filed_at":"2022-12-22T23:59:59+00:00","items":["3.03","7.01","9.01","5.02"],"status":"ready","headline":"Team, Inc. corrects fractional share cash-out method for reverse stock split","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Prior press releases incorrectly stated fractional cash would use Dec 21 closing price.","Corrected method: cash from aggregated sale of fractional shares by transfer agent.","No other changes to the previously announced one-for-ten reverse stock split.","Reverse stock split effective Dec 21, 2022; shares trade on NYSE as TISI.","Correction filed Dec 22, 2022 as 8-K/A with press release as Exhibit 99.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343318,"accession_number":"0000318833-22-000118","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-12-09T23:59:59+00:00","items":["3.03","7.01","9.01","5.02"],"status":"ready","headline":"Team, Inc. announces one-for-ten reverse stock split effective Dec 21, 2022","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1:10 ratio; effective 5:00 p.m. ET on Dec 21, 2022.","Every 10 pre-split shares become 1 share; authorized shares proportionally reduced.","No fractional shares issued; holders receive cash based on Dec 21 closing price.","Stock continues trading on NYSE under symbol 'TISI' with new CUSIP number.","Shareholders who hold via brokers need not take action; certificated holders get letter from Computershare."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343317,"accession_number":"0000318833-22-000113","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-11-29T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Team, Inc. appoints Keith Tucker as permanent CEO, effective Nov 22","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Keith Tucker, interim CEO since March 2022, unanimously appointed CEO by Board.","Tucker joined TEAM in 2005; previously led Inspection & Heat Treating segment.","Chairman Caliel cited Tucker's decisive actions to improve liquidity and results.","No material changes to compensation arrangements or transactions disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343316,"accession_number":"0000318833-22-000110","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-11-22T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Team, Inc. extends unsecured term loan maturity to Dec 2027 and draw period to Mar 2023","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity extended from Dec 31, 2026 to Dec 31, 2027 under Amendment No. 11.","Availability period for Feb 2022 Delayed Draw Term Loan extended to Mar 31, 2023 (from Dec 31, 2022).","New tranche created for exchange of 5.00% Convertible Senior Notes due 2023; aggregate principal unchanged.","No increase in total outstanding amount under the Subordinated Term Loan.","Loan remains subordinate to Senior Credit Agreement per existing Subordination Agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343315,"accession_number":"0001193125-22-282609","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-11-10T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Team Inc. obtains covenant relief on $250M term loan; net leverage test suspended until Q2 2023","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment No. 9 to Atlantic Park term loan waives net leverage ratio test until June 30, 2023, then set at 7.00x.","Amendment No. 10 to subordinated term loan provides identical covenant relief: no test until June 30, 2023, then 7.00x.","Both amendments executed Nov 4, 2022, contingent on each other's execution and other conditions.","Company reaffirms existing security interests and guarantees under the amended loan documents."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343314,"accession_number":"0000318833-22-000101","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Team Inc. shareholders approve doubling authorized common shares to 120M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders voted 29.34M for, 1.73M against, 98K abstentions on amendment to increase authorized common shares from 60M to 120M.","Approval required two-thirds of outstanding shares; 67.88% of outstanding shares voted in favor, exceeding the threshold.","Special meeting was reconvened on Nov 8, 2022 after initial Nov 2 adjournment to allow more time for voting.","Record date for voting was Sept 12, 2022; 72.10% of outstanding shares were represented at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.15,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343313,"accession_number":"0000318833-22-000097","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc Q3 revenue up 10%, posts $10.6M adj EBITDA; sells Quest Integrity for $279M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $218.3M (+10% YoY); gross margin 25.7% vs 22.5%.","GAAP net loss from cont ops $26.6M ($0.62/share); adj EBITDA $10.6M vs -$1.3M YoY.","Sold Quest Integrity to Baker Hughes for ~$279M cash on Nov 1; senior term loan reduced to $36M.","Liquidity improved to ~$83M; gross debt down ~47% after sale.","Additional cost reductions actioned in Oct; expects further margin improvement in Q4 and 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":717621000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343312,"accession_number":"0001193125-22-278453","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-11-07T23:59:59+00:00","items":["1.01","2.01","3.01","5.02","8.01","9.01"],"status":"ready","headline":"Team completes Quest Integrity sale for $279M; NYSE warns on low share price","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sold Quest Integrity to Baker Hughes for $279M; net proceeds ~$270M.","Will use ~$238M of proceeds to pay down term loan, leaving $35.6M outstanding.","NYSE notified that TISI average closing price below $1.00 over 30 trading days; six-month cure period.","President Robert Young resigned effective Nov 1, receives $499,502 strategic bonus and accelerated vesting.","Amended credit agreements allow retention of $26M proceeds; board rights granted to Atlantic Park."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343311,"accession_number":"0000318833-22-000093","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"TEAM Inc. special meeting adjourned; authorized share increase vote falls short of two-thirds threshold","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposal One (increase authorized shares from 60M to 120M) had 94% of voted shares in favor, but favorable votes were less than two-thirds of all outstanding shares; meeting adjourned to Nov 8.","Proposal Two (reverse stock split 1:6 to 1:10) approved with 28,860,432 votes for.","Proposal Three (exculpation amendment) failed: 22,081,328 for, 1,618,829 against, 6,547,689 broker non-votes.","Proposal Four (adjournment) approved with 21,742,260 votes for.","Quorum of 70.12% achieved (30,307,598 shares represented out of 43,223,879 outstanding)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343310,"accession_number":"0000318833-22-000085","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-10-05T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Team Inc. enters $21.4M LC facility and exchanges $57M convertible notes for term loans","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Substitute insurance LC facility with 1970 Group up to $21.4M; expected to free ~$17.6M in liquidity.","Exchanged ~$57M of 5.00% convertible senior notes (plus PIK interest) for term loans under Unsecured Term Loan.","Amendment No. 8 increases Unsecured Term Loan total to ~$112.7M; extends $10M delayed draw availability to Dec 31, 2022.","Remaining convertible notes outstanding ~$41.2M, paying 5.00% cash interest."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359859,"accession_number":"0001193125-22-220650","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-08-15T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Team sells Quest Integrity segment to Baker Hughes for $280M cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Agreement to sell Quest Integrity (advanced inspection & reliability) to Baker Hughes for $280M cash, subject to customary closing adjustments.","Transaction expected to close in Q4 2022, pending HSR and Saudi Arabia antitrust approvals and other conditions.","Proceeds will be used for substantial debt paydown and to strengthen liquidity, as part of a strategic refocus.","Quest Integrity generated ~$80M revenue in 2021 and ~$59M in first half of 2022.","Remaining core Inspection & Heat Treating and Mechanical Services represented over 87% of consolidated revenue through June 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359858,"accession_number":"0000318833-22-000081","cik":318833,"company_name":"TEAM INC","ticker":"TISI","form_type":"8-K","filed_at":"2022-08-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Team Inc. Q2 revenue up 5% to $251M; sells Quest Integrity to Baker Hughes for $280M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Revenue $251.3M (+5.2% YoY); gross margin 27.8% vs 26.3%.","GAAP net loss $21.6M ($0.50 loss per diluted share); adjusted EBITDA $14.3M (+57% YoY).","Announced sale of Quest Integrity to Baker Hughes for $280M cash, expected close by end of 2022.","IHT segment revenue slightly down due to project timing and staffing challenges; MS and Quest up 11% and 23%.","Sale proceeds to pay down debt, improve liquidity, focus on core IHT and MS businesses."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":74993525.94354837,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-08-15T23:59:59+00:00|359858"}