SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) of
                       THE SECURITIES EXCHANGE ACT OF 1934

                                 Date of Report
              (Date of earliest event reported: September 15, 2004)


                                   TEAM, Inc.
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             (Exact Name of Registrant as Specified in its Charter)


           Texas                         0-9950               74-1765729
-----------------------------   ------------------------  -------------------
(State or Other Jurisdiction    (Commission File Number)    (I.R.S. Employer
      of Incorporation)                                    Identification No.)


                                200 Hermann Drive
                               Alvin, Texas 77511
              (Address of principal executive offices and zip code)

               Registrant's telephone number, including area code
                                 (281) 331-6154
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ITEM 8.01 OTHER EVENTS.

On September 15, 2004, the Registrant disseminated a Press Release announcing it
anticipates lower first quarter earnings but affirms its earnings outlook for
fiscal 2005. The information contained in the Press Release dated September 15,
2004 is incorporated herein by reference and attached as Exhibit 99.1 hereto.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits.

     99.1 The Registrant's Press Release dated September 15, 2004.






                                    SIGNATURE



Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                              TEAM, INC.



                              By: /s/ Ted W. Owen
                                  -----------------------------
                                  Ted W. Owen
                                  Senior Vice President -
                                  Finance and Administration

Date: September 15, 2004