MTRX

Matrix Service Company to Participate at Upcoming Stifel Cross-Sector Insight Conference

Retrieved on: 
Mardi, mai 14, 2024

TULSA, Okla., May 14, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt, Vice President and Chief Financial Officer Kevin Cavanah, and Senior Director of Investor Relations Kellie Smythe, will be attending the Stifel Cross-Sector Insight Conference on June 4 and 5, 2024.

Key Points: 
  • TULSA, Okla., May 14, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt, Vice President and Chief Financial Officer Kevin Cavanah, and Senior Director of Investor Relations Kellie Smythe, will be attending the Stifel Cross-Sector Insight Conference on June 4 and 5, 2024.

The Open 6G OTIC at Northeastern University Announces General Availability of Open RAN Testing and Integration Solutions

Retrieved on: 
Mardi, mai 14, 2024

BOSTON, May 14, 2024 /PRNewswire/ -- The Open6G Open Testing and Integration Center (OTIC) at the Institute for the Wireless Internet of Things (WIoT) at Northeastern University announces the general availability of testing and integration solutions for Open RAN, including conformance, interoperability, and end-to-end testing based on the O-RAN ALLIANCE specifications.

Key Points: 
  • BOSTON, May 14, 2024 /PRNewswire/ -- The Open6G Open Testing and Integration Center (OTIC) at the Institute for the Wireless Internet of Things (WIoT) at Northeastern University announces the general availability of testing and integration solutions for Open RAN, including conformance, interoperability, and end-to-end testing based on the O-RAN ALLIANCE specifications.
  • "We are happy to announce that the Northeastern Open6G OTIC is open for business and can support leading Open RAN vendors in their radio and performance testing and integration efforts," says Tommaso Melodia, Director of WIoT at Northeastern University.
  • It serves as a hub for the development and testing of next-generation wireless networks utilizing Open RAN technology and Artificial Intelligence, offering a comprehensive range of testing services that facilitates compliance, interoperability, performance, and functional testing for Open RAN products.
  • The Open6G OTIC has deployed an end-to-end testing suite based on the Keysight Technologies Open RAN Architect (KORA) Network Emulation and 5G Multi-Band Vector Transceiver Base Station RF Test Solutions.

Matrix Service Company Reports Third Quarter Fiscal 2024 Results

Retrieved on: 
Mercredi, mai 8, 2024

TULSA, Okla., May 08, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the third quarter fiscal 2024 ended March 31, 2024.

Key Points: 
  • TULSA, Okla., May 08, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the third quarter fiscal 2024 ended March 31, 2024.
  • In our fourth quarter, we expect improvement in project activity versus third quarter results, positioning us to realize improved fixed cost absorption into our fiscal year-end.
  • SG&A expenses were $19.9 million in the third quarter of fiscal 2024 compared to $15.7 million in the second quarter of fiscal 2024.
  • For the third quarter of fiscal 2024, the Company had a net loss of $14.6 million, or $(0.53) per share, compared to a net loss of $2.9 million, or $(0.10) per share, in the second quarter of fiscal 2024.

Matrix Service Company Sets Dates for Release of Third Quarter Fiscal 2024 Financial Results and Conference Call

Retrieved on: 
Mercredi, avril 24, 2024

TULSA, Okla., April 24, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release third quarter Fiscal 2024 results after market on Wednesday, May 8, 2024.

Key Points: 
  • TULSA, Okla., April 24, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release third quarter Fiscal 2024 results after market on Wednesday, May 8, 2024.
  • On Thursday, May 9, 2024, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company’s financial results and forward outlook.
  • Investors and other interested parties can access a live audio-visual webcast using this webcast link , or through the Company’s website at www.matrixservicecompany.com on the Investors Relations page under Events & Presentations.
  • Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

Matrix Service Company Announces Strategic Relationship With Geldof to Provide Total EPC Solutions For Ammonia Storage Across Europe

Retrieved on: 
Mardi, mars 19, 2024

“Our relationship with Geldof provides customers across Europe with world-class storage and terminal solutions for ammonia, which is also used as a hydrogen carrier, and brings additional strength to our partnership offerings in technology and construction to meet the increasing global demand for more sustainable energy resources,” said Matrix Service Company President and CEO John R. Hewitt.

Key Points: 
  • “Our relationship with Geldof provides customers across Europe with world-class storage and terminal solutions for ammonia, which is also used as a hydrogen carrier, and brings additional strength to our partnership offerings in technology and construction to meet the increasing global demand for more sustainable energy resources,” said Matrix Service Company President and CEO John R. Hewitt.
  • As part of our commitment to supporting the energy transition, we have placed a strong emphasis on the large-scale deployment of ammonia as an energy (hydrogen) carrier across Europe.
  • In pursuit of these ambitious goals, we have forged a strategic partnership with Matrix.
  • By synergizing our collective expertise and strength, we aspire to bring forth groundbreaking projects that will shape the future of energy solutions.”

Open6G OTIC at Northeastern University to Perform O-RAN 5G Interoperability Testing and End-to-End Demonstration of AmpliTech's O-RAN CAT B 64T64R MIMO Radio

Retrieved on: 
Mercredi, avril 3, 2024

This activity will take place at the Open6G OTIC in Boston and Burlington, Massachusetts.

Key Points: 
  • This activity will take place at the Open6G OTIC in Boston and Burlington, Massachusetts.
  • The Open6G OTIC will provide a comprehensive platform for automated integration and testing of O-RAN systems, services, and solutions.
  • The end-to-end interoperability testing, conducted by the Open6G OTIC, will provide a platform for any vendor to bring and test their infrastructure.
  • We are proudly teaming up with the Northeastern University Open6G OTIC that provides the broadest set of unparalleled expertise and capabilities in 5G and O-RAN to conduct this key interoperability testing of our radios.

Matrix Service Company Receives Award From Long-Standing Client for Multiple Storage Tanks on the West Coast

Retrieved on: 
Mardi, mars 5, 2024

TULSA, Okla., March 05, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today its subsidiary, Matrix North American Construction (Matrix NAC) has been awarded the engineering, procurement, and construction of three 522,000-barrel crude oil storage tanks for a long-standing client at a terminal on the West Coast.

Key Points: 
  • TULSA, Okla., March 05, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today its subsidiary, Matrix North American Construction (Matrix NAC) has been awarded the engineering, procurement, and construction of three 522,000-barrel crude oil storage tanks for a long-standing client at a terminal on the West Coast.
  • Matrix Applied Technologies will also provide geodesic domes, which help manage carbon emissions, as part of the project.
  • “As a leader in the engineering, construction, and maintenance of storage tanks and terminals, this award is but one of a growing number of downstream project opportunities and supports our client’s commitment to meeting the world’s ongoing need for fossil fuel while also lowering the carbon intensity of their operations,” said Matrix Service President and CEO John R. Hewitt.
  • “We value our long-standing relationship with this client and their trust and confidence in us to engineer and construct this critical infrastructure.”

Matrix Service Company to Present at Upcoming Sidoti Small-Cap Virtual Conference

Retrieved on: 
Mercredi, février 28, 2024

TULSA, Okla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt, Vice President and Chief Financial Officer Kevin Cavanah, and Senior Director of Investor Relations Kellie Smythe, will be attending the Sidoti Small-Cap Virtual Conference on March 13 and 14, 2024.

Key Points: 
  • TULSA, Okla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt, Vice President and Chief Financial Officer Kevin Cavanah, and Senior Director of Investor Relations Kellie Smythe, will be attending the Sidoti Small-Cap Virtual Conference on March 13 and 14, 2024.
  • The company will present at 12:15 p.m. eastern standard time on March 14.

Matrix Service Company Reports Second Quarter Fiscal 2024 Results

Retrieved on: 
Mercredi, février 7, 2024

Adjusted EBITDA of $0.3 million(1) for the second quarter of fiscal 2024.

Key Points: 
  • Adjusted EBITDA of $0.3 million(1) for the second quarter of fiscal 2024.
  • Consolidated SG&A expenses were $15.7 million in the second quarter of fiscal 2024 compared to $17.1 million in the first quarter of fiscal 2024.
  • For the second quarter of fiscal 2024, we had a net loss of $2.9 million, or $0.10 per share, compared to a net loss of $3.2 million, or $0.12 per share, in the first quarter of fiscal 2024.
  • Project awards totaled $230.8 million in the second quarter of fiscal 2024, resulting in a book-to-bill ratio of 1.3.

Matrix Service Company Sets Dates for Release of Second Quarter Fiscal 2024 Financial Results and Conference Call

Retrieved on: 
Mercredi, janvier 24, 2024

TULSA, Okla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release second quarter Fiscal 2024 results after market on Wednesday, February 7, 2024.

Key Points: 
  • TULSA, Okla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release second quarter Fiscal 2024 results after market on Wednesday, February 7, 2024.
  • On Thursday, February 8, 2024, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company’s financial results and forward outlook.
  • Investors and other interested parties can access a live audio-visual webcast using this webcast link , or through the Company’s website at www.matrixservicecompany.com on the Investors Relations page under Events & Presentations.
  • Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.