Matrix Service (MTRX) Misses Q2 EPS by 12c, Revenues Miss

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Go back to Matrix Service (MTRX) Misses Q2 EPS by 12c, Revenues Miss

Matrix Service Company Reports Second Quarter 2020 Results

February 5, 2020 4:05 PM EST

TULSA, Okla., Feb. 05, 2020 (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 second quarter of fiscal 2020.

Key highlights:

Second quarter revenue was $318.7 million compared to $340.6 million in the same quarter of the prior fiscal year Strong quarterly results for Storage Solutions segment with revenue of $142.8 million and gross margin of 13.9%Second quarter loss of $1.04 per share, including... More