Matrix Service (MTRX) Tops Q1 EPS by 2c

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Go back to Matrix Service (MTRX) Tops Q1 EPS by 2c

Matrix Service Company Reports First Quarter Results; Affirms Fiscal 2017 Guidance

November 7, 2016 6:00 AM EST

TULSA, Okla., Nov. 07, 2016 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy, power and industrial markets across North America, today reported financial results for its first quarter ended September 30, 2016.

Key highlights:

Revenue increases to $341.8 million compared to $319.3 million in the first quarter of the prior fiscal yearCompany achieves strong fully diluted earnings per share of $0.35Backlog remains solid at $786.6 million with first quarter project awards of $259.7 millionCompany affirms... More

Matrix Service Awarded EPFC of Two-Million Gallon LNG Tank for JAX LNG

November 7, 2016 6:00 AM EST

TULSA, Okla., Nov. 07, 2016 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service has been awarded the engineering, procurement, fabrication and construction of a 2 million gallon LNG tank for the JAX LNG Bunker Facility, a new LNG liquefaction and storage facility located at Dames Point near the Port of Jacksonville. JAX LNG is a joint venture formed by Pivotal LNG a wholly-owned subsidiary of Southern Company Gas, NorthStar Midstream, LLC, a midstream transportation company backed by funds managed by Oaktree Capital Management, L.P.... More