Team Inc. files pro forma financials reflecting sale of TQ Acquisition to Baker Hughes

TEAM INC

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.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.