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 Rerport
                (Date of earliest event reported: March 17, 2004)

                                   TEAM, Inc.
--------------------------------------------------------------------------------
             (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
   ---------------------------------------------------------------------------

ITEM 5. OTHER EVENTS

On March 17, 2004, the Registrant  disseminated a Press Release  announcing
its earnings for the quarter ended February 29, 2004. The information  contained
in the Press  Release dated March 17, 2004 is  incorporated  herein by reference
and attached as Exhibit 99.1 hereto.

ITEM 7. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS

(c) Exhibits.

     99.1 The Registrant's Press Release dated March 17, 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: March 17, 2004