Fourth quarter revenue of $293.1 million and full year revenue of $1.092 billion Company recorded impairment charges of $18.0 million in quarter, resulting in a fully diluted EPS of $(0.55) and $(0.43) for the fourth quarter and fiscal year, respectively Exclusive of this impairment, adjusted fully diluted EPS for the quarter and fiscal year were $0.03 and $0.15, respectively Book-to-bill was 2.0 on project awards of $597.5 million in the fourth quarter and 1.5 on project awards of $1.628 billion for the full year Backlog is $1.219 billion, an increase of 33% in the fourth quarter and 79% for the full year Fiscal 2019 guidance set at $1.250 to $1.350 billion in revenue and $0.85 to $1.15 for fully diluted earnings per share TULSA, Okla., Sept. 10, 2018 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) today reported its financial results for the fourth quarter and year ended June 30, 2018. "As we progressed through fiscal 2018, we saw significant improvement in the … [Read more...] about Matrix Service Company Announces Fiscal 2018 Fourth Quarter and Full Year Results; Provides Fiscal 2019 Guidance
Service company management software
The driving factors for the growth of the risk management software market is implementing risk management technique among various industry sectors HYDERABAD, TELANGANA, INDIA, September 5, 2018 /EINPresswire.com/ -- Risk management software is a type of enterprise software which helps in assessing various risk such as threats, vulnerabilities and other factors which can compromise the performance of an organization. The risk management software is deployed on cloud and on-premises. The risk management process helps in assuring the confidentiality and integrity of both personal and business data. The increase in awareness of implementing risk management technique among various industry sectors and the need to mitigate risk among various applications and devices such as Operational Technology (OT), Bring Your Own Device (BOYD) and Internet of Things (IoT) were the driving factors for the growth of the risk management software market. Organizations in order to cut down their expenses … [Read more...] about Risk Management Software Market helps in assuring the confidentiality and integrity of both personal and business data.
TULSA, Okla., Aug. 20, 2018 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for the Fourth quarter and Fiscal Year Ended June 30, 2018, and provide guidance for Fiscal 2019 on Monday, September 10, 2018 after the market closes. The release will be followed by a conference call on Tuesday, September 11, 2018 at 10:30 a.m. Eastern time / 09:30 a.m. Central time. /EIN News/ -- Earnings Conference Call instructions Matrix Service Company will host a conference call with John R. Hewitt, President and CEO and Kevin S. Cavanah, Vice President and CFO at 10:30 a.m. Eastern Time / 09:30 a.m. Central Time on September 11th. The call will be simultaneously broadcast live over the Internet, which can be accessed at the Company’s website at www.matrixservicecompany.com on the Investor Relations page under Events & Presentations. Please allow extra time prior to the call to visit the site and download the streaming media software … [Read more...] about Matrix Service Company Sets Date to Discuss Results for Fourth Quarter and Fiscal Year Ended June 30, 2018
Abacus expands Certify’s products to include the leading solution for real time expense management PORTLAND, Maine, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Certify announces the acquisition of Abacus, the leading real time expense reporting solution. Financial terms of the deal are not being disclosed. Certify, which was purchased last year by K1 Investment Management and merged with Nexonia, ExpenseWatch and Tallie, is taking a unique, multi-brand approach in its effort to change the expense management landscape. Adding Abacus to its product portfolio allows Certify, which already supports more than 10,000 enterprise, mid-market and SMB customers in North America, to accelerate its growth and serve a more diverse range of customers as the largest independent provider of travel and expense management software. Abacus, founded in 2013 by Omar Qari, Josh Halickman and Ted Power, introduced the first real time expense reporting methodology to the marketplace and has seen significant … [Read more...] about Certify Grows Travel & Expense Management Software Portfolio with Abacus Acquisition
Developers of fintech software are cashing in as a healthy economy compels banks and other financial institutions to modernize by migrating to internet and cloud service formats. X Fintech is the broad range of online, digital, network-based tools and services used by banks, insurers, brokerages and other financial services firms. Some of those tools provide what most consumers consider to be modern banking and financial services. Others enable banks to streamline records-keeping, compliance and other critical office processes. The combination leads to rising profit and revenue. "We're in an environment now, nine years after the financial crisis, where most financial services companies are doing the best that they have since 2006 or 2007," D.A. Davidson analyst Peter Heckmann told IBD. With stronger balance sheets, bolstered by corporate tax cuts and a better economy, banks are stepping up spending on technology, he said. IBD Newsletters Get exclusive IBD analysis and action … [Read more...] about Cloud Services Propel Fintech Software Firms To Higher Valuations