Team, Inc. reported a 2% revenue decline to $220.4 million in Q3 2026, with a net loss of $11.1 million, slightly improved from the prior year. Adjusted EBITDA increased by 8.2% to $15.7 million, reflecting cost reductions and commercial diversification despite lower turnaround activity and geopolitical disruptions. The company updated its 2026 guidance, expecting adjusted EBITDA between $56 million and $59 million, anticipating recovery in deferred maintenance work in early 2027. Ongoing operational transformation and cost optimization efforts aim to strengthen profitability and cash flow going forward.
Team, Inc.'s Q3 2026 results provide context for readers following industrials. For readers following Industrials, here is Pluang's market snapshot as of Nov 12, 2026 05:41 WIB: out of 135 priced US industrial stocks, 104 rose and 29 fell. Notable movers include Frontline Plc Ordinary Shares (FRO) at USD 46.01 with a 1-day change of +4.88%, Comfort Systems USA Inc (FIX) at USD 1,155.00 with +4.44%, and MasTec Inc (MTZ) at USD 188.59 with +4.29%.
Digital Turbine delayed its Q2 2027 financial results, then restated prior financials due to $3.5 million in understated revenue share expenses. This caused the stock to drop sharply, falling over 35% after the restatement. A law firm is investigatin...
AtlasClear Holdings announced the signing of its ninth correspondent broker-dealer agreement through its subsidiary AtlasClearing, contributing to an 85% revenue increase to $20.1 million in fiscal 2026. This growth occurred before significant revenu...
Ashland Inc.'s board of directors declared a quarterly cash dividend of $0.42 per share, payable on December 15, 2026, to shareholders of record as of December 1, 2026. This dividend reflects the company's ongoing commitment to returning value to sha...
AeroVironment secured a $405 million international order for its LOCUST X3 high-energy laser weapon systems, enhancing counter-drone defense capabilities in the Middle East amid rising regional security threats. Following the announcement, AeroVironm...
Vestas Wind Systems reported Q3 2026 earnings per share of $0.13 and revenue of $6.34 billion, both below analyst expectations. The company's profit was impacted by weak sales volume and a broken turbine blade. Following the earnings miss, Vestas' sh...
