Increased quarterly earnings reported by Matrix Service Company

Tulsa-based Matrix Service Co. reported a net income of $3.9 million in its latest quarterly report.

It figured to 14 cents a share compared to a net income of $4.5 million or 17 cents a share compared to a year ago.

Quarterly revenue totaled $341 million which was 20.4 percent higher than the $283 million reported in the same quarter of 2017.

“Quarter over quarter results are trending in the right direction,” said Company CEO John R Hewitt. “With an improving quality of backlog and new projects, we expect to see revenue, gross margins and earnings per share increase.”

Read the  entire release by clicking here.

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