Matrix Service (MTRX) Tops Q1 EPS by 8c, Sales Miss
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Matrix Service Company Reports First Quarter Results; Affirms Fiscal 2018 Guidance
November 7, 2017 6:00 AM ESTTULSA, Okla., Nov. 07, 2017 (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, 2017.
Key highlights:
Company earned $0.14 per fully diluted share in the first quarterSolid book-to-bill of 1.2 achieved on project awards of $316.4 million, up 21.8% over the same period a year agoBacklog increased to $728.8 million at September 30, 2017 compared to $682.3 million at June 30, 2017Consolidated gross margins are 10.7% on... More