earnings
confidence high
sentiment positive
materiality 0.75
Team Inc Q2 2024 revenue $228.6M, net loss $2.8M, adj EBITDA up 25% YoY
TEAM INC
2024-Q2 EPS reported
-$4.52
revenue$428,218,000
- 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.