This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Matrix Service Company Announces Results For The Fourth Quarter And Fiscal Year Ended June 30, 2013 And Provides Fiscal 2014 Guidance

Three Months Ended June 30, 2013

The following table provides a summary of changes in our backlog for the three months ended June 30, 2013:

  Electrical Infrastructure Oil Gas & Chemical Storage Solutions Industrial Total
  (In thousands)
Backlog as of March 31, 2013 $ 116,034 $ 115,691 $ 324,429 $ 88,195 $ 644,349
Net awards 33,588 70,969 91,753 21,638 217,948
Revenue recognized (46,102) (66,522) (96,464) (26,472) (235,560)
Backlog as of June 30, 2013 $ 103,520 $ 120,138 $ 319,718 $ 83,361 $ 626,737

Twelve Months Ended June 30, 2013

The following table provides a summary of changes in our backlog for the twelve months ended June 30, 2013:

  Electrical Infrastructure Oil Gas & Chemical Storage Solutions Industrial Total
  (In thousands)
Backlog as of June 30, 2012 $ 127,699 $ 117,862 $ 236,571 $ 15,320 $ 497,452
Net awards 147,025 276,124 476,348 122,362 1,021,859
Revenue recognized (171,204) (273,848) (393,201) (54,321) (892,574)
Backlog as of June 30, 2013 $ 103,520 $ 120,138 $ 319,718 $ 83,361 $ 626,737
CONTACT: Matrix Service Company
         Kevin S. Cavanah
         Vice President and CFO
         T: 918-838-8822
         Email:kcavanah@matrixservicecompany.com

Matrix Service Company Logo

4 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs