Team, Inc. Lowers Fiscal Year 2010 Earnings Guidance (PR Newswire)
Team, Inc. announced that it is lowering its pro-forma earnings guidance for the fiscal year ending May 31, 2010 to $0.80-$0.90 per fully diluted share. This guidance excludes the impact of previously announced non-routine charges associated with an independent investigation and associated with the recent Venezuelan currency devaluation. Â The revised pro-forma earnings guidance is $0.05-$0.15 per share below the Company s previously issued pro-forma earnings guidance and reflects a current revenue estimate of $450-$460 million for fiscal 2010, or $15-$20 million below previously disclosed revenue estimates.
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