TEAM Q4 revenue rises, net loss narrows

Team

12/03/2026 20:25

Overview

US specialty industrial services provider's Q4 revenue rose 5.4% yr/yr, driven by US and Canada

Company Q4 net loss narrowed to $3.8 mln from $7.2 mln a year earlier

Outlook

TEAM expects to provide updated guidance for fiscal 2026 after the first quarter

Result Drivers

TURNAROUND ACTIVITY - Revenue growth in Q4 was driven by higher turnaround activity in the US and Canada, especially in oil and refining sectors

COST REDUCTION - Lower insurance and legal expenses contributed to reduced selling, general and administrative costs

Company press release: ID:nGNX8hsDtc

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$224.8 mln
Q4 Operating Expenses
$166.52 mln
Q4 Operating Income
$6.63 mln
Q4 Pretax Profit
-$3.35 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)