Team Stock Jumps 20% After Q4 Earnings Rise and Margin Gains
Shares of Team, Inc. (TISI) have gained 20.1% since reporting fourth-quarter and 2024 results, outperforming the S&P 500 index’s decline of 0.1%. Over the past month, TISI shares have risen 4%, bucking broader market weakness that saw the S&P 500 fall 4.8%.Revenue & Earnings Show ImprovementsFor the fourth quarter of 2024, Team reported revenues of 214.1 million in the prior-year period. Despite the marginal decline, the company posted significant profitability improvements. Th ...