Team Q2 Results Top Estimates; Backs FY15 EPS View

(RTTNews) - Team, Inc. (TISI) reported net income for the second quarter of $17.4 million or $0.80 per share, compared to $14.4 million or $0.68 per share for the year-ago quarter.

Revenues for the second quarter rose 20% to $240.62 million from $200.49 million for the prior year quarter.

Analysts polled by Thomson Reuters expected the company to earn $0.74 per share on revenue of $235.53 million for the second quarter.

The company said it remains on-track to achieving its full year earnings target of $2.00 per share. Analysts currently expect the company to earn $1.97 per share for the fiscal year 2015.