Team GAAP EPS of -$3.10, revenue of $220.4M; updates FY 2026 outlook
- Team press release (TISI): Q3 GAAP EPS of -$3.10.
- Revenue of $220.4M (-2.0% Y/Y).
- Generated gross margin of $55.8 million, compared to $58.0 million in the third quarter of 2025.
- Delivered Adjusted EBITDA of $15.7 million (7.1% of consolidated revenue), representing an increase of $1.2 million, or 8.2%, compared to $14.5 million (6.5% of consolidated revenue) in the third quarter of 2025.
- Reduced Adjusted Selling, General and Administrative Expense¹ by $3.5 million, or 7.4%, to $43.3 million from the prior year period.
- Updated full-year guidance, including Adjusted EBITDA of $56 million to $59 million.
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