Aboveground Storage Tanks 海角社区app Engineering Procurement & Construction

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561
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Houston, TX
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Press Releases

MATRIX SERVICE COMPANY ANNOUNCES RECEIPT OF $464 MILLION OF AWARDS IN FISCAL FOURTH QUARTER AND ENDING BACKLOG OF $1.1B

TULSA, Okla., Aug. 21, 2023 (GLOBE NEWSWIRE) --听海角社区app Company听(Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it has received fiscal fourth quarter awards of $464 million, resulting in $1.1 billion in backlog as of June 30, 2023, the largest backlog since June 30, 2018. Total awards in fiscal 2023 of over $1.3 billion were also the highest annual total in five years.

ENTERPRISE PRODUCTS AWARDS MATRIX SERVICE EPC FOR A SECOND ETHANE STORAGE TANK ALONG THE TEXAS GULF COAST

TULSA, Okla.,听March 29, 2023听(GLOBE NEWSWIRE) --听海角社区app Company听(Nasdaq: MTRX) announced today its subsidiary,听海角社区app, has been awarded the greenfield engineering, procurement, and construction of a second 600,000-barrel cryogenic ethane storage tank for a subsidiary of Enterprise Products Partners L.P. along the听Texas Gulf Coast. The project, which was taken into Matrix鈥檚 backlog in the second quarter of Fiscal 2023, supports a continued demand for ethane in the global marketplace. Engineering for the storage tank will be completed by听Matrix PDM Engineering.

MATRIX SERVICE COMPANY REPORTS SECOND QUARTER FISCAL 2023 RESULTS

TULSA, Okla.,听Feb. 09, 2023听(GLOBE NEWSWIRE) --听海角社区app Company听(Nasdaq: MTRX), a leading contractor to the energy and industrial markets across听North America, today reported financial results for its second quarter of fiscal 2023.

Key highlights:

  • Second quarter revenue of听$193.8 million, an increase of 20% compared to the second quarter of fiscal 2022
  • Project awards in the quarter of听$318.7 million, the highest level since the first quarter of fiscal 2020
  • Project awards produced a book-to-bill of 1.6 for the quarter and above 1.3 in each of our reporting segments reflecting accelerating activity across our end markets
  • Backlog increased by 25% to听$740.5 million听compared to the second quarter of fiscal 2022
  • Second quarter results were negatively impacted by听$9.6 million听adjustment on a legacy project and a related goodwill impairment charge of听$12.3 million, resulting in an aggregate negative impact of听$0.82听per share
  • Loss per share of听$1.22; adjusted loss per share of听$0.53(1)
  • Adjusted EBITDA loss of听$(13.1) million(1)听for the second quarter of fiscal 2023

MATRIX SERVICE COMPANY UPDATES TIMING FOR RELEASE OF FINANCIAL RESULTS FOR THE SECOND QUARTER OF FISCAL 2023

TULSA, OK 鈥 February 7, 2023 鈥 海角社区app Company (Nasdaq: MTRX) previously announced release of results for the second quarter of Fiscal 2023 after market on Tuesday, February 7, 2023, followed by a conference call Wednesday, February 8, 2023. The Company now intends to release results for the second quarter of Fiscal 2023 before market on Thursday, February 9, 2023.听 The release will be followed by a conference call at 10:30 a.m. Eastern time/9:30 a.m. Central time on Thursday, February 9, 2023.

Enterprise Products Awards 海角社区app EPC for Ethane Storage Tank Along the Texas Gulf Coast

TULSA, Okla., Feb. 01, 2023 (GLOBE NEWSWIRE) -- 海角社区app Company (Nasdaq: MTRX) announced today its subsidiary, 海角社区app, has been awarded the greenfield engineering, procurement, and construction of a 600,000 barrel cryogenic ethane storage tank for Enterprise Products along the Texas Gulf Coast. The project, which was taken into Matrix鈥檚 backlog in the first quarter of Fiscal 2023, supports a continued demand for ethane in the global marketplace. Engineering for the storage tank will be completed by Matrix PDM Engineering.    

MATRIX SERVICE COMPANY SETS DATE FOR RELEASE OF FINANCIAL RESULTS FOR THE SECOND QUARTER OF FISCAL 2023

TULSA, OK 鈥 January 24, 2023 鈥 海角社区app Company (Nasdaq: MTRX) will announce results for the second quarter of Fiscal 2023 after market on Tuesday, February 7, 2023. 听The release will be followed by a conference call on Wednesday, February 8, 2023, at 10:30 a.m. Eastern time/9:30 a.m. Central time.