Matrix Reports Strong Q4 Results

Matrix Service Co. reports its Q4 financial results.
Highlights include revenues of $179.9 million, gross margins of 13 percent, operating income of $11.1 million, fully diluted EPS of $0.26 per share and a backlog of $401.1 million as of May 31.
“As we expected, the fourth quarter improved significantly from the third quarter due to strong project execution on a higher revenue volume,” says Mike Bradley, CEO. “We are very pleased with these results and proud of the record year achieved by Matrix Service despite the challenging economic environment.”

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