Matrix Service (MTRX) Tops Q3 EPS by 7c, Offers FY Guidance

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Go back to Matrix Service (MTRX) Tops Q3 EPS by 7c, Offers FY Guidance

Matrix Service Company Reports Third Quarter Results

May 8, 2019 4:05 PM EDT

TULSA, Okla., May 08, 2019 (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 third quarter ended March 31, 2019.

Key highlights:

Revenue increased 46.1% to $358.9 million compared to $245.6 million in the third quarter of the prior fiscal yearFully diluted earnings per share of $0.33 in the third quarterBacklog increased 25.4% to $1.146 billion compared to $914.2 million at the same period a year ago; book-to-bill of 1.3 for the... More