Company profile

Ticker
TISI
Exchange
CEO
Amerino Gatti
Employees
Incorporated in
Location
Fiscal year end
Evio ...
SEC CIK
IRS number
741765729

TISI stock data

(
)

Calendar

8 Aug 19
22 Sep 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 315.83M 269.6M 309.8M 290.86M
Net income 6.1M -24.23M 3.99M -23.53M
Diluted EPS 0.2 -0.8 0.13 -0.78
Net profit margin 1.93% -8.99% 1.29% -8.09%
Operating income 13M -16.53M -6.94M -19.69M
Net change in cash -2.33M -3.2M 2.33M 659K
Cash on hand 12.75M 15.08M 18.29M 15.96M
Cost of revenue 221.23M 203.65M 224.4M 220.72M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 1.25B 1.2B 1.2B 926.36M
Net income -63.15M -84.46M -12.68M 25.23M
Diluted EPS -2.1 -2.83 -0.45 1.18
Net profit margin -5.06% -7.04% -1.06% 2.72%
Operating income -38.96M -115.11M -3.12M 47.29M
Net change in cash -8.26M -19.66M -3.61M
Cash on hand 18.29M 26.55M 46.22M 49.83M
Cost of revenue 918.67M 890.21M 868.14M 655.47M

Financial data from Team earnings reports

Financial report summary

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Risks
  • The economic environment may affect our customers’ demand for our services.
  • Our revenues are heavily dependent on certain industries.
  • We sell our services in highly competitive markets, which places pressure on our profit margins and limits our ability to maintain or increase the market share of our services.
  • we are not able to implement commercially competitive services in a timely manner in response to changes in the market, customer requirements, competitive pressures and technology trends, our business and results of operations could be materially and adversely affected.
  • No assurances can be made that we will be successful in maintaining or renewing our contracts with our customers.
  • No assurances can be made that we will be successful in hiring or retaining members of a skilled technical workforce.
  • The loss or unavailability of any of our executive officers or other key personnel could have a material adverse effect on our business.
  • Unsatisfactory safety performance can affect customer relationships, eliminate or reduce revenue streams from our largest customers, result in higher operating costs and negatively impact our ability to hire and retain a skilled technical workforce.
  • The Company’s insurance coverage will not fully indemnify us against certain claims or losses. Further, the Company’s insurance has limits and exclusions and not all losses or claims are insured.
  • are subject to risks associated with indebtedness under our banking credit facility, including the risk of failure to maintain compliance with financial covenants, the risk of being unable to make interest and principal payments when due and the risk of rising interest rates.
  • No assurances can be made that we will be able to renew our Credit Facility, refinance the outstanding balance or otherwise repay our obligations in full prior to maturity on July 7, 2020.
  • accounting method for our convertible debt securities may have a material effect on our reported financial results.
  • Transactions relating to our convertible debt securities may dilute the ownership interest of existing stockholders, or may otherwise depress the price of our common stock.
  • impairments of our goodwill, impairments of our intangible and other long-lived assets, and changes in the estimated useful lives of intangible assets could have a material adverse impact on our results of operations and financial condition.
  • in operating results from expected savings in operating costs from workforce reductions and other cost saving and business improvement initiatives may not be realized in the estimated amounts, may take longer to be realized, or could be realized only for a limited period.
  • Fluctuations in our effective tax rate and our tax obligations could adversely affect our financial results.
  • The Company’s operations and information systems, including its employee, customer and financial records, are subject to cybersecurity risks
  • We are involved and are likely to continue to be involved in legal proceedings, which will increase our costs and, if adversely determined, could have a material effect on our results of operations, financial position or cash flows.
  • Economic, political and other risks associated with international operations could adversely affect our business.
  • Business acquisitions entail risk for investors
  • The price of our outstanding securities may be volatile.
  • Our business may be adversely impacted by work stoppages, staffing shortages and other labor matters.
  • operations and properties are subject to extensive environmental, health and safety regulations.
  • Climate change legislation or regulations restricting emissions of “greenhouse gases” could result in reduced demand for our services and products.
  • Interruptions in the proper functioning of our information systems could disrupt operations and cause increases in costs and/or decreases in revenues.
Management Discussion
  • In connection with the preparation of the Company’s 2018 consolidated financial statements, the Company identified errors in its previously issued 2018 unaudited condensed consolidated financial statements with respect to income taxes. The prior period condensed consolidated financial statements and other affected prior period financial information in this report have been revised to correct these errors. The Company determined the related impacts were not material to its previously filed annual or interim consolidated financial statements, and therefore, amendments of previously filed reports are not required. See Note 1 to the condensed consolidated financial statements for additional information.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: Circuit, cloud, conference, East, hosting, licensing, Middle, remanding, reversing, withholding
Removed: executing, flexible, Furmanite, gain, half, improved, reduction, utilization