Team, Inc. (TISI) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.236 Welcome to the Team Incorporated first quarter update conference call. 00:00:04.236 -- 00:00:07.240 All participants will be in a listen-only mode. 00:00:07.240 -- 00:00:09.343 I would now like to turn the conference over to Mr. 00:00:09.343 -- 00:00:12.767 Nelson Haight, Executive Vice President and Chief Financial Officer. 00:00:12.767 -- 00:00:14.609 Please go ahead, sir. 00:00:14.609 -- 00:00:18.675 Thank you, operator. Good morning, everyone, and welcome to Team Inc.' 's discussion 00:00:18.675 -- 00:00:23.120 about our first quarter 2025 operational and financial results. 00:00:23.120 -- 00:00:27.666 On the discussion today are Keith Tucker, our Chief Executive Officer, and myself, Nelson 00:00:27.666 -- 00:00:30.288 Haight, Chief Financial Officer. 00:00:30.288 -- 00:00:34.533 I want to remind you that management's commentary today may include forward-looking statements, 00:00:34.533 -- 00:00:39.859 including without limitation those regarding revenue, gross margin, operating expense, 00:00:39.859 -- 00:00:45.085 other income and expense, taxes, adjusted EBITDA, cash flow, 00:00:45.085 -- 00:00:49.510 and future business outlook, which, by their nature, are uncertain and outside of the 00:00:49.510 -- 00:00:51.592 company's control. 00:00:51.592 -- 00:00:55.416 Although these forward-looking statements are based on management's current expectations 00:00:55.416 -- 00:00:59.093 and beliefs, actual results may differ materially. 00:00:59.093 -- 00:01:03.819 For a discussion of some of the risk factors that could cause actual results to differ, 00:01:03.819 -- 00:01:08.526 please refer to the risk factors section of TEAM's latest annual and quarterly filings 00:01:08.526 -- 00:01:12.892 filed with the Securities and Exchange Co...