$FSI (Flexible Solutions International Inc.)

$FSI {{ '2016-07-26T14:30:19+0000' | timeago}} • Webcast

David Togut of Evercore ISI follows up and asks about the percentage of $FSI' chip cards issued to customers. CEO Gary Norcross stated that the company is seeing it mainly in credit and has not seen it move over into the debit platforms as aggressively yet. He added that $FIS is in the 20-30% range of cards being issued at this point in time.

$MTRX {{ '2017-07-19T12:16:55+0000' | timeago}} • Announcement

$MTRX appointed John Chandler and Martha Carnes as new independent members of its BoD. The Company also announced that long-time Board members Michael Hall and Edgar Hendrix will retire from the Board and not stand for re-election at the 2017 Annual Meeting after serving on the Board for 19 years and 17 years, respectively.

$MTRX {{ '2017-05-10T13:11:44+0000' | timeago}} • Announcement

$MTRX remains optimistic about the long-term performance of business and strategic vision. $MTRX is actively managing cost structure to meet current and future customer commitments as markets improve. Continued strong bidding activity and other key indicators all point to improving capital project and maintenance spending in FY18.

$MTRX {{ '2017-05-10T13:10:10+0000' | timeago}} • Announcement

Availability under $MTRX's credit facility of $106.8MM along with the company's cash balance of $39.7MM provided liquidity of $146.5MM at March 31, 2017, a decrease of $81.9MM since Dec. 31, 2016.  This reduction is primarily attributable to a capacity constraint triggered by the company's financial performance in the quarter.

$MTRX {{ '2017-05-10T13:07:54+0000' | timeago}} • Announcement

$MTRX slipped to a loss in 3Q17 from a profit last year, due to negative impact of major project in Electrical Infrastructure segment as well as lower volume in the Storage Solutions segment. Net loss was $13.82MM or $0.52 per share compared to a profit of $4.36MM or $0.16 per share last year. Revenue fell to $251.24MM from $309.42MM.

$MTRX {{ '2017-04-05T15:58:06+0000' | timeago}} • Announcement

$MTRX said that PSEG Power awarded Matrix NAC the balance of plant aboveground electrical construction work at PSEG's new 540MW combined cycle power facility, Sewaren 7, in Woodbridge, New Jersey. The project was awarded in December 2016 with plans for the facility to come online by summer 2018.

$MTRX {{ '2017-03-21T20:16:41+0000' | timeago}} • Announcement

$MTRX's subsidiary, Matrix Service Inc. has been awarded the engineering, fabrication, procurement, and construction of 10 new tanks and associated balance of plant work by Vopak Americas, a division of Royal Vopak, for their Deer Park Brownfield Expansion project. The project is expected to be commissioned in the first calendar quarter of 2019.

$IOSP {{ '2017-02-14T22:30:24+0000' | timeago}} • Announcement

$IOSP closed the the acquisition from Huntsman which balances its portfolio, and the company believes its business enters 2017 in good shape to build on 4Q's momentum. The company's excellent cash generation has also meant that its leverage is slightly better than it predicted.

$IOSP {{ '2017-02-14T22:30:11+0000' | timeago}} • Announcement

$IOSP reported a decline in 4Q16 earnings due to lower sales. Net income fell to $22.1MM or $0.90 per share from $31.5MM or $1.28 per share last year. Net sales dropped to $237.8MM from $246MM. Non-GAAP EPS decreased to $1.09 from $1.24.

$MYRG {{ '2016-12-19T21:20:24+0000' | timeago}} • Announcement

$MYRG said the position of COO will be divided into two new roles. Tod Cooper, the current SVP of transmission and distribution, will become the SVP and COO of T&D. Jeff Waneka will become the SVP and COO of C&I. Tod and Jeff will continue to report to Rick Swartz.

$MYRG {{ '2016-12-19T21:20:08+0000' | timeago}} • Announcement

$MYRG said that on January 1, 2017, William A. Koertner will step down as President and CEO. Mr. Koertner will continue in his role as Executive Chairman of the BoD. The board has appointed current EVP and COO, Richard S. Swartz, to succeed Mr. Koertner as President and CEO, effective on January 1, 2017.

$MYRG {{ '2016-11-29T22:02:34+0000' | timeago}} • Announcement

John Schauerman resigned from $MYRG's Board of Directors effective Nov. 23, 2016, to pursue other business opportunities. Schauerman was appointed to the Board in March 2016. Prior to his resignation, Mr. Schauerman also served on the company's Audit Committee and Nominating and Corporate Governance Committee.

$MYRG {{ '2016-09-20T12:34:02+0000' | timeago}} • Announcement

Specialty contractor $MYRG said it has executed a contract with Cross Texas Transmission, an affiliate of LS Power, to construct the new Limestone to Gibbons Creek transmission line. The contract value is in excess of $125MM. Construction is expected to begin in the fall of 2016 with scheduled completion in the spring of 2018.

$MTRX {{ '2016-09-07T14:47:16+0000' | timeago}} • Announcement

$MTRX said $KBR awarded Matrix North American Construction project in excess of $70MM for construction services in connection with $KBR's Tier 3 Ultra-Low-Sulfur Gasoline Relocation Project at $MTRX's Refinery in Trainer, Pa. Revenue associated with this project will be booked into backlog for Matrix NAC's Oil, Gas & Chemical segment for 1Q17.

$TIS {{ '2016-09-06T07:49:25+0000' | timeago}} • Announcement

Tissue products maker $TIS said effective Sept. 12, 2016, Rodney Gloss, most recently VP and CFO of Atna Resources, will join the company as CFO. Gloss will focus on improving cost accounting, increasing efficiency and reducing costs, performing sales and margin analyses, and augmenting enterprise systems.

$MYRG {{ '2016-09-02T11:36:41+0000' | timeago}} • Announcement

$MYRG, a leading specialty contractor serving the electrical infrastructure market in the US and Canada, said that Richard Swartz has been promoted from SVP and COO to the position of EVP and COO.

$TSE {{ '2016-09-01T14:37:16+0000' | timeago}} • Announcement

$TSE said Philip Martens and Ruth Springham will join the company's BoD, effective Sept. 1, 2016. Martens is the former CEO of Novelis, an $11 billion aluminum producer based in the U.S. Springham is a Director at Bain Capital Luxembourg, with responsibilities related to corporate governance and mergers and acquisitions.

$MTRX {{ '2016-08-31T16:05:49+0000' | timeago}} • Webcast

John Franzreb of Sidoti & Company asks about margin variability. $MTRX said it depends partly on mix of work. In the Industrial segment, the work in iron, steel and copper has lower margins. Oil, Gas and Chemical is all about volume. $MTRX is not expecting any real margin pressure in Electrical Infrastructure.

$MTRX {{ '2016-08-31T15:53:35+0000' | timeago}} • Webcast

Daniel Mannes of Avondale Partners asks about guidance. $MTRX said there is uncertainty in the market and in its ability to book work. There could be impacts on margins and spending patterns. SG&A is not going to be a wide range and tax rate can have a bit of variability depending on mix of work. Volume of revenue and GM will be most impacted.

$MTRX {{ '2016-08-31T15:29:36+0000' | timeago}} • Webcast

$MTRX said in 4Q16, gross profit of $34.1MM was down from $40.4MM in 4Q15. Consolidated GM was 9.5%. The decline in gross profit and margins was primarily due to continued headwinds in the Electrical segment. In 4Q16, $MTRX repurchased $5MM worth of stock bringing FY16 share repurchases to $10.5MM. Cash balance was $72MM at 4Q16-end.

$MTRX {{ '2016-08-31T15:06:13+0000' | timeago}} • Webcast

$MTRX said economic growth across North America has slowed, commodity prices in general remain low as demand continues to lag supply and the Federal elections cycle has created a period of uncertainty that may delay investment decisions. $MTRX's strong liquidity position enables it to weather the variability of the current business environment.

Recent Transcripts

NG (NovaGold Resources Inc.)
Tuesday, June 27 2017 - 3:00pm
LAYN (Layne Christensen Company)
Friday, June 9 2017 - 1:00pm
FSI (Flexible Solutions International Inc.)
Tuesday, May 16 2017 - 3:00pm
HYGS (Hydrogenics Corporation)
Friday, May 12 2017 - 5:00pm
MTRX (Matrix Service Company)
Wednesday, May 10 2017 - 2:30pm
IOSP (Innospec Inc.)
Wednesday, May 10 2017 - 12:30pm
MYRG (MYR Group, Inc.)
Thursday, May 4 2017 - 2:00pm
TROX (Tronox Limited)
Thursday, May 4 2017 - 12:30pm
TSE (Trinseo SA)
Wednesday, May 3 2017 - 2:00pm
WLK (Westlake Chemical Corp.)
Tuesday, May 2 2017 - 3:00pm
TIS (Orchids Paper Products Company)
Monday, May 1 2017 - 2:00pm
MERC (Mercer International Inc.)
Friday, April 28 2017 - 2:00pm
MEOH (Methanex Corporation)
Thursday, April 27 2017 - 4:00pm
GRA (W.R. Grace & Co.)
Wednesday, April 26 2017 - 1:00pm
LAYN (Layne Christensen Company)
Tuesday, April 11 2017 - 1:00pm
LNDC (Landec Corp.)
Wednesday, April 5 2017 - 3:00pm
NG (NovaGold Resources Inc.)
Tuesday, April 4 2017 - 3:00pm
FSI (Flexible Solutions International Inc.)
Monday, April 3 2017 - 3:00pm
LAYN (Layne Christensen Company)
Tuesday, March 21 2017 - 1:00pm
MYRG (MYR Group, Inc.)
Friday, March 10 2017 - 3:00pm

AlphaGraphics you may like