secwatch.observer — SEC 8-K summary
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Issuer:     TEAM INC (TISI)
CIK:        0000318833
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0000318833-25-000058
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TEAM Inc reports Q2 revenue up 8.5% to $248M; net loss narrows but still $4.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/318833/000031883325000058/0000318833-25-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/318833/000031883325000058/tisi-20250812.htm
  HTML page:      https://secwatch.observer/filing/0000318833-25-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer