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Matrix Service: Fiscal 4Q Earnings Snapshot

TULSA, Okla. (AP) _ Matrix Service Co. (MTRX) on Wednesday reported fiscal fourth-quarter net income of $12.8 million, after reporting a loss in the same period a year earlier.

The Tulsa, Oklahoma-based company said it had profit of 47 cents per share.

The energy services company posted revenue of $398.7 million in the period.

For the year, the company reported net income of $28 million, or $1.01 per share, swinging to a profit in the period. Revenue was reported as $1.42 billion.

Matrix Service expects full-year earnings to be $1.10 to $1.40 per share, with revenue in the range of $1.4 billion to $1.55 billion.

Matrix Service shares have climbed 6.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $19.11, a decrease of 10% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTRX at https://www.zacks.com/ap/MTRX