Matrix Service Company Announces Fiscal 2018 Fourth Quarter and Full Year Results; Provides Fiscal 2019 Guidance

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Go back to Matrix Service Company Announces Fiscal 2018 Fourth Quarter and Full Year Results; Provides Fiscal 2019 Guidance

Matrix Service (MTRX) Misses Q4 EPS by 4c, Slight Beat on Revenues; Offers FY19 EPS/Revenue Mid-Point Outlook Above Consensus

September 10, 2018 4:08 PM EDT

Matrix Service (NASDAQ: MTRX) reported Q4 EPS of $0.03, $0.04 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $293.1 million versus the consensus estimate of $292.69 million.

Fourth quarter revenue of $293.1 million and full year revenue of $1.092 billionCompany recorded impairment charges of $18.0 million in quarter, resulting in a fully diluted EPS of $(0.55) and $(0.43) for the fourth quarter and fiscal year, respectivelyExclusive of this impairment, adjusted fully diluted EPS for the quarter and fiscal year were $0.03 and $0.15, respectivelyBook-to-bill was 2.0 on project... More