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Team Q3 2026 Swings to Operating Loss of $471,000

PUBT·11/12/2026 00:53:16
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Team Q3 2026 Swings to Operating Loss of $471,000
  • Team's third-quarter 2026 net loss attributable to common shareholders widened 18% year over year to $14.21 million.
  • Revenue fell to $220.37 million, with international growth offset by lower US revenue.
  • Management expects deferred turnaround and maintenance activity to begin returning in early 2027, with timing dependent on customer operating decisions.
  • For FY26, revenue is forecast at $870 million to $890 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Team Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611111952PRIMZONEFULLFEED9875985) on November 12, 2026, and is solely responsible for the information contained therein.