Matrix Service Co (MTRX) Misses Q1 EPS by 10c

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Go back to Matrix Service Co (MTRX) Misses Q1 EPS by 10c

Matrix Service Company Announces First Quarter Results and Maintains Fiscal 2015 Revenue and Earnings Guidance

November 5, 2014 4:15 PM EST

Record backlog of $984.7 million on first quarter awards of $390.5 million Completed previously announced acquisition of central California upstream contractor, HDB Ltd. Strong operating performance on lower than expected revenues offset by the under recovery of construction overhead costs

TULSA, Okla., Nov. 5, 2014 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) today reported its financial results for the first quarter September 30, 2014.

John Hewitt, President and CEO of Matrix Service Company said, "Our quarterly results were impacted by lower than... More