THE CHEMOURS COMPANY AWARDS MATRIX PDM ENGINEERING FRONT-END ENGINEERING DESIGN AND DETAIL ENGINEERING FOR A PROJECT AT ITS WASHINGTON WORKS, WEST VIRGINIA FACILITY
TULSA, Okla., January 18, 2022– Matrix Service Company (Nasdaq: MTRX) announced today that The Chemours Company (Chemours) has awarded Matrix PDM Engineering the Front-End Engineering Design (FEED) and detail design engineering for an industrial project at its Washington Works, West Virginia facility. The project is the first to be awarded under a recently signed Master Service Agreement.
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MATRIX STRATEGY TO GROW MARKET POSITION IN HYDROGEN AND RENEWABLE ENERGY SUPPORTED BY ADDITION OF SENIOR INDUSTRY VETERANS
TULSA, Okla. , Jan. 04, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that two new industry veterans have joined its consolidated business development team, bringing added expertise to support its strategic objective to grow its market position in hydrogen and renewable energy projects.
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MATRIX SERVICE COMPANY REPORTS FIRST QUARTER FISCAL 2022 RESULTS
TULSA, Okla., Nov. 08, 2021 (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 first quarter of fiscal 2022.
- Project awards of $266.9 million in the quarter resulting in a book-to-bill of 1.6, highest awards since the first quarter of fiscal 2020
- Backlog increased 21.4% in the quarter to $561.4 million
- Balance sheet remains strong with no debt; new $100.0 million credit facility
- First quarter revenue of $168.1 million
- First quarter loss per fully diluted share of $0.66; adjusted loss per fully diluted share of $0.60(1)
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CALUMET SPECIALTY PRODUCTS PARTNERS, L.P. AWARDS MATRIX SERVICE ENGINEERING, FABRICATION AND CONSTRUCTION OF MULTIPLE STORAGE TANKS AT GREAT FALLS RENEWABLE FUELS FACILITY
TULSA, Okla., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service Inc., has been awarded the engineering, fabrication and construction of seven (7) storage tanks at Calumet Specialty Products Partners, L.P. facility in Great Falls, Montana. The award was made in the first quarter of Fiscal 2022. The tanks are being constructed to support the production of up to 12,000 barrels per day of renewable fuels. Engineering related to the project will be completed by Matrix Service sister company, Matrix PDM Engineering.
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MATRIX SERVICE COMPANY ANNOUNCES FISCAL 2021 FOURTH QUARTER AND FULL YEAR RESULTS
September 13, 2021
TULSA, Okla., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) today reported its financial results for the fourth
quarter and year ended June 30, 2021.
- Fourth quarter revenue increased 18% to $174.9 million compared to $148.3 million in the third quarter; full year revenue of $673.4 million
- $99.1 million of project awards in the quarter resulting in backlog of $462.6 million at June 30, 2021
- Project awards accelerating as we moved into the first quarter of fiscal 2022, with an expected book-to-bill of over 1.0
- Balance sheet is strong with no outstanding debt and cash of $83.9 million at June 30, 2021
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MATRIX SERVICE COMPANY REPORTS THIRD QUARTER FISCAL 2021 RESULTS
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 of fiscal 2021.
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