Team: 3Q Earnings Snapshot
SUGAR LAND, Texas (AP) _ Team Inc. (TISI) on Tuesday reported a loss of $7.1 million in its third quarter.
The Sugar Land, Texas-based company said it had a loss of 23 cents per share. Losses, adjusted for one-time gains and costs, came to 3 cents per share.
The industrial services provider posted revenue of $290.1 million in the period.
Team shares have climbed 19% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $17.38, a decrease of 11% in the last 12 months.