TISI Earnings Prediction
The chart below shows how TISI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TISI sees a +11.98% change in stock price 10 days leading up to the earnings, and a -8.39% change 10 days following the report. On the earnings day itself, the stock moves by -5.61%. This data can give you a slight idea of what to expect for the next quarter's release.
TISI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
210.76M
1.96%
-7.81%
Gross Margin
25.40%
-0.55%
-8.63%
Operating Margin
1.50%
345.90%
-69.26%
Net Margin
-5.28%
-10.05%
336.36%
EPS
-2.52
-9.35%
300.00%
No Data Available
TISI Earnings Analysis
Team, Inc. Corporation (TISI.N) Earnings Conference Call
Positive
Revenue Increase Analysis: Revenue increased by 2% compared to Q3 2023, driven by a 6% increase in revenue from U.S. Inspection and Heat Treating and Mechanical Services segments.
Q3 Adjusted EBITDA Growth: Adjusted EBITDA for the third quarter was $11.3 million, reflecting strong performance in U.S. operations and a 21% improvement over the first nine months of 2023.
Adjusted EBITDA Growth: Generated nearly $40 million of adjusted EBITDA in the first nine months of 2024, marking a 21% improvement over the same period in 2023.
Gross Margin and Cash Flow: Gross margin for the third quarter was 25.4%, with positive free cash flow of $3.9 million, supported by improved financial performance and working capital management.
Credit Facility Enhancement: Successfully amended and extended our ABL credit facility on attractive terms, enhancing our balance sheet and liquidity position.
Negative
Positive Cash Flow Progress: O u r t h i r d q u a r t e r 2 0 2 4 r e s u l t s d e m o n s t r a t e t h e o n g o i n g p r o g r e s s w e a r e m a k i n g o n g e n e r a t i n g p o s i t i v e c a s h f l o w a d j u s t e d E B I T D A a n d i m p r o v i n g o u r m a r g i n s .
Gross Margin and Cash Flow: O u r g r o s s m a r g i n f o r t h e t h i r d q u a r t e r w a s 2 5 . 4 % , b u t m o r e i m p o r t a n t l y , w e g e n e r a t e d p o s i t i v e f r e e c a s h f l o w o f $ 3 . 9 m i l l i o n t h r o u g h a c o m b i n a t i o n o f b e t t e r f i n a n c i a l p e r f o r m a n c e , i m p r o v e d w o r k i n g c a p i t a l m a n a g e m e n t a n d a t i g h t l y f o c u s e d c a p i t a l p r o g r a m .
Net Loss Improvement: O u r c o n s o l i d a t e d n e t l o s s f o r t h e q u a r t e r d e c r e a s e d t o $ 1 1 . 1 m i l l i o n , a $ 1 m i l l i o n i m p r o v e m e n t o v e r t h e 2 0 2 3 p e r i o d .
Financial Performance Overview: W e n o w s e e t o t a l c o m p a n y r e v e n u e o f b e t w e e n $ 8 4 5 m i l l i o n a n d $ 8 6 0 m i l l i o n , a g r o s s m a r g i n o f b e t w e e n $ 2 2 0 m i l l i o n a n d $ 2 2 8 m i l l i o n a n d a d j u s t e d E B I T D A o f b e t w e e n $ 5 3 m i l l i o n a n d $ 5 5 m i l l i o n .
Operational and Cash Flow Review: D u e t o t h e u n d e r p e r f o r m a n c e w e a r e c u r r e n t l y w o r k i n g t o a d d r e s s i n o u r C a n a d i a n b u s i n e s s , a n d t o a l e s s e r e x t e n t , c e r t a i n i n t e r n a t i o n a l o p e r a t i o n s , w e a r e r e v i s i n g o u r f u l l y e a r o p e r a t i n g a n d c a s h f l o w g u i d a n c e f o r 2 0 2 4 .
TISI FAQs
How does TISI typically perform around its earnings report dates?
Is Team, Inc. (TISI) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
TISI Earning Call Sentiment
Team, Inc. (TISI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
TISI.N
6.38%Positive
The earnings call reveals strong financial performance with a 21% increase in adjusted EBITDA and significant cost savings initiatives. There is margin expansion and a focus on high-margin revenue streams, such as a 41% increase in Heat Treating revenue. Though competitive pressures and economic challenges exist, the revised revenue guidance and strategic roadmap indicate optimism. The absence of Q&A concerns suggests confidence in management's outlook. Overall, the solid financials and strategic initiatives support a positive stock price movement over the next two weeks.
