Matrix Service (MTRX) Reports Q1 Earnings; Reaffirms FY10 Outlook
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Matrix Service Co. (Nasdaq: MTRX) reports Q1 EPS of $0.17 compared to $0.36 for the same period last year. Revenues were $137.65 million compared to $186.65 million for the same period last year.
Matrix Service is reaffirming its earnings guidance range of $0.80 to $1.10 per fully diluted share for fiscal 2010. The achievement of the earnings guidance is dependent on an improving economic environment and a resulting higher demand for the Company's services throughout the remainder of fiscal 2010.
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