Team, Inc. (TISI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Team Incorporated first quarter update conference call. All participants will be in a listen-only mode. I would now like to turn the conference over to Mr. Nelson Haight, Executive Vice President and Chief Financial Officer. Please go ahead, sir. Thank you, operator. Good morning, everyone, and welcome to Team Inc.' 's discussion about our first quarter 2025 operational and financial results. On the discussion today are Keith Tucker, our Chief Executive Officer, and myself, Nelson Haight, Chief Financial Officer. I want to remind you that management's commentary today may include forward-looking statements, including without limitation those regarding revenue, gross margin, operating expense, other income and expense, taxes, adjusted EBITDA, cash flow, and future business outlook, which, by their nature, are uncertain and outside of the company's control. Although these forward-looking statements are based on management's current expectations and beliefs, actual results may differ materially. For a discussion of some of the risk factors that could cause actual results to differ, please refer to the risk factors section of TEAM's latest annual and quarterly filings filed with the Securities and Exchange Commission, along with our associated earnings release. TEAM assumes no obligation to update any forward-looking statements or information which speak as of their respective dates. With that, I will turn it over to Keith Tucker, our CEO. Thank you, Nelson. Welcome, everyone, and thank you for joining us to review our first quarter of 2025 operational and financial highlights. During the first quarter of 2025, we continue to make progress against our strategic roadmap designed to better position TEAM for success and improve financial performance. Over the...