Team Inc. (TISI: Quote) reported third quarter adjusted net income of $0.10 per share after the close Tuesday, compared to $0.08 per share in the prior year. The consensus estimate was for EPS of $0.18.
Team Inc. traded to the downside throughout Wednesday's session and closed lower by 3.98 at $28.88 on above average volume. The stock fell to a 2-month low and dropped below its 50-day moving average.
by RTT Staff Writer
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