Associated tags: MTRX, Engineering, Matrix
Locations: EUROPEAN UNION, SWITZERLAND, EUROPE, NORWAY, FRANCE, ÖSTERREICH, CALIFORNIA, TULSA, OK, US, CENTRAL, UNITED STATES, SEOUL, OKLAHOMA, CANADA, AUSTRALIA
Retrieved on:
Wednesday, April 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.
“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.”
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.”
Retrieved on:
Wednesday, February 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.
Retrieved on:
Wednesday, February 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.
Retrieved on:
Wednesday, January 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.
Retrieved on:
Wednesday, November 8, 2023
Sale,
EBITDA,
Engineering,
Correctional Industrial Facility,
Utility,
Depreciation,
Process,
MTRX,
Airline,
Film industry,
Tobacco,
Bookkeeping,
Video game,
LNG Revenue of $197.7 million in the first quarter of fiscal 2024 compared to $205.9 million in the fourth quarter of fiscal 2023.
Key Points:
- Revenue of $197.7 million in the first quarter of fiscal 2024 compared to $205.9 million in the fourth quarter of fiscal 2023.
- First quarter fiscal 2024 loss per share of $0.12; adjusted loss per share of $0.21(1).
- Gross margin was 6.0% in the first quarter of fiscal 2024 compared to a gross margin of 7.1% in the fourth quarter of fiscal 2023.
- Consolidated SG&A expenses were $17.1 million in the first quarter of fiscal 2024 compared to $17.0 million in the fourth quarter of fiscal 2023.
Retrieved on:
Wednesday, October 25, 2023
TULSA, Okla., Oct. 25, 2023 (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 announce first quarter Fiscal 2024 results after market on Wednesday, November 8, 2023.
Key Points:
- TULSA, Okla., Oct. 25, 2023 (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 announce first quarter Fiscal 2024 results after market on Wednesday, November 8, 2023.
- On Thursday, November 9, 2023, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company President and CEO John R. Hewitt and Chief Financial Officer Kevin S. Cavanah will host a conference call to present and discuss the Company’s full year-end 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.
Retrieved on:
Wednesday, October 4, 2023
Well,
Sustainability reporting,
Safety,
National Farm Safety & Health Week,
Finance,
Training and development,
TCFD,
Sustainability accounting,
Community,
Sustainability Accounting Standards Board,
Matrix,
Ethics,
ESG,
Risk management,
Health The report also provides more substantial information about the Company’s ESG governance and climate strategy and provides information on other key areas including ethics and compliance; quality, safety, health, and well-being; and community involvement.
Key Points:
- The report also provides more substantial information about the Company’s ESG governance and climate strategy and provides information on other key areas including ethics and compliance; quality, safety, health, and well-being; and community involvement.
- Consistency and transparency are critical for ESG planning and, as such, beginning with the 2021 Sustainability Report, Matrix has adopted the Sustainability Accounting Standards Board (SASB) reporting standards and included a SASB reference table that details where the information set forth by SASB for the construction and engineering sector can be found in our public reporting.
- In fiscal 2022, the Company also began reporting under the Financial Stability Board’s Task Force on Climate-related Financial Disclosure (TCFD) recommendations.
- By following SASB and TCFD, the Company strives to identify, disclose, and communicate sustainability information considered to be materially important to all stakeholders, and believe information reported under these frameworks will result in more consistent, comparable, and meaningful reporting.
Retrieved on:
Monday, September 25, 2023
Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6) announced today that it has signed a cooperation agreement with Matrix Service Inc. (Matrix Service), a subsidiary of Matrix Service Company (NASDAQ: MTRX), a top tier contractor to clients across the energy and industrial markets.
Key Points:
- Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6) announced today that it has signed a cooperation agreement with Matrix Service Inc. (Matrix Service), a subsidiary of Matrix Service Company (NASDAQ: MTRX), a top tier contractor to clients across the energy and industrial markets.
- The agreement brings Wolftank’s mobile hydrogen refueling solutions to the U.S. while extending Matrix Service’s work across the hydrogen value chain to include the Mobility sector, in addition to its previously well-established expertise in cryogenic storage tanks and terminals.
- The Wolftank Group also announced that the Hydrogen Fuel Cell Partnership ( https://h2fcp.org/ ) in California has formally invited the Wolftank Group to join them as an Associate Member.
- The Wolftank Group established its local subsidiary in the United States, Wolftank USA, in the first quarter of 2023 and has been actively working on market development in recent months.
