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MATRIX SERVICE COMPANY REPORTS FIRST QUARTER FISCAL 2022 RESULTS

Nov 8, 2021 at 4:05 PM EDT

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

Sep 13, 2021 at 4:05 PM EDT

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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AMERICAN PACIFIC BORATES LIMITED SELECTS MATRIX SERVICE TO CONSTRUCT FORT CADY BORATE MINE FACILITY

Feb. 08, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service Inc. (“Matrix Service”) has been selected by American Pacific Borates Limited (“American Pacific” or “APB”) for the first phase of construction of its Fort Cady Borate Mine Facility in southern California. When completed, Phase One A is targeted to produce 20,000 short tons per annum (stpa) of potassium sulfate and 9,000 stpa of boric acid, with amounts increasing in subsequent phases.

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MATRIX SERVICE COMPANY REPORTS SECOND QUARTER FISCAL 2021 RESULTS

Feb. 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 second quarter of fiscal 2021.

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