Matrix Service (MTRX) Reports Q1 EPS of $0.08, Revenues Beat; Affirms FY19 EPS/Revenue Guidance

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Go back to Matrix Service (MTRX) Reports Q1 EPS of $0.08, Revenues Beat; Affirms FY19 EPS/Revenue Guidance

Matrix Service Company Reports First Quarter Results; Affirms Fiscal 2019 Guidance

November 7, 2018 4:10 PM EST

TULSA, Okla., Nov. 07, 2018 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results for its first quarter ended September 30, 2018.

Key highlights:

Revenue increased 18.0% to $318.5 million compared to $269.9 million in the first quarter of the prior fiscal yearCompany earned $0.08 per fully diluted share in the first quarterBacklog at $1.109 billion with first quarter project awards of $209.4 millionCompany expects improving quarter over quarter... More