Team, Inc. (TISI) delivered mixed second-quarter 2024 financial results, characterized by margin expansion despite a decline in revenues.The company's focus on cost-cutting and efficiency improvements helped mitigate the impacts of decreased activity in its key business segments — Inspection and Heat Treating (“IHT”) and Mechanical Services (“MS”).While revenues fell 4.5% year over year, enhanced margins and disciplined expense management enabled Team to narrow its net loss and improve operating income, hig ...