Stock-PR Reporting





FREE Daily Stock Alerts From Stock-PR.com











Team, Inc., (NYSE:TISI) reported second quarter net income available to common shareholders of $10.3 million ($0.50 per diluted share), an increase of $2.3 million, or 28%, compared to the second quarter of last year. Revenues for the second quarter were $158.3 million, an increase of $25.1 million, or 19%, compared to the second quarter of last year.

Highlights

Second quarter revenues of $158.3 million, including $10 million from Quest Integrity Group.

Quarterly revenue growth of 19%; organic revenue growth of 13%.

Double digit revenue growth in all major geographic regions -- US, Canada, and Europe.

Adjusted EBIT margin of 11.3% for the quarter.

Adjusted net income of $10.8 million ($0.53 per diluted share) for the quarter, up 28%.

Expansion of Team capabilities via two small acquisitions:

1. A pipeline integrity management firm within the TCM group, and

2. The west coast operations of a former TMS competitor (completed December 30, 2011).

NYSE listing effective January 3, 2012 (same "TISI" ticker symbol).


Headquartered in Alvin, Texas, Team, Inc. is a leading provider of specialty services required in managing, maintaining and installing high-temperature and high-pressure piping systems and vessels that are utilized extensively in the refining, petrochemical, power, pipeline and other heavy industries. Team offers these services in over 100 locations throughout the world.

More about TISI at www.teamindustrialservices.com.

Read the full article at: http://stock-pr.com/21117/stock-alerts/tisi-rexi-gbci-gblhf-stfc-featured-stock-by-stock-prcom/

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

**************************************************************

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Stock-PR.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold Stock-PR.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://stock-pr.com/disclaimer).Crown Equity Holdings Inc. (CRWE.OB) is a media-advertisement and newswire company. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.

Sign Up For Free Stock Alerts At http://stock-pr.com/signup