Matrix Service (MTRX) Misses Q2 EPS by 9c, Reduces FY Guidance

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Go back to Matrix Service (MTRX) Misses Q2 EPS by 9c, Reduces FY Guidance

Matrix Service Company Reports Second Quarter Results; Revises Fiscal 2016 Guidance

February 3, 2016 5:32 PM EST

TULSA, Okla., Feb. 03, 2016 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy, power and industrial markets across North America, today reported its financial results for its second quarter and six months ended December 31, 2015.

Key highlights:

Consolidated gross profit for the three and six months ended December 31, 2015 was $30.0 million and $64.6 million compared to $16.0 million and $44.3 million for the same periods in fiscal 2015, respectivelyConsolidated revenue for the three and six months ended December 31, 2015 was $323.5 million and $642.9 million compared to $342.9 million and... More