Team Inc., based in Sugar Land, Texas, reported a loss of $6.8 million in its second quarter. On a per-share basis, the company had a loss of $2.15. Losses, adjusted for non-recurring costs, came to $1.73 per share.
The industrial services provider posted revenue of $228.7 million in the period. Team expects full-year revenue in the range of $920 million to $945 million.
Original reporting: Alexandria, VA News – WTOP News — read the source article.