Team: Q4 Financial Overview

Team Inc. Announces Fourth Quarter Financial Results

Team Inc., headquartered in Sugar Land, Texas, disclosed a net loss of $3.8 million for the fourth quarter.

During this period, the company reported a per-share loss of $1.47. After adjusting for one-time expenses, the loss per share stood at $1.21.

The provider of industrial services generated $224.8 million in revenue for the quarter.

Looking at the full year, Team Inc. recorded a total loss of $49.2 million, translating to $11.70 per share, with annual revenue reaching $896.5 million.