Matrix Service Company (NASDAQ:MTRX) Q3 2018 Earnings Conference Call - Preliminary Transcript

May 10, 2018 • 10:30 am ET


Matrix Service Company (NASDAQ:MTRX) Q3 2018 Earnings Conference Call - Preliminary Transcript


Loading Event

Loading Transcript


Good day, ladies and gentlemen, and welcome to the Matrix Service Company Fiscal 2018 call to discuss quarterly earnings. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. (Operator Instructions).

I'd now like to turn the call over to Mr. Kevin Cavanah, Chief Financial Officer. Sir, you may begin.

Kevin S. Cavanah

Thank you. Before I get started, I want to remind everybody that we have slides with today's call, which you can see by dialing into the webcast.

So I will now start with the Safe Harbor statements. So please let me remind you that on today's call, the company may make various remarks about future expectations, plans and prospects for Matrix Service Company that constitute forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various factors, including those discussed in our Annual Report on Form 10-K for our fiscal year ended June 30, 2017, and in subsequent filings made by the company with the SEC.

To the extent the company utilizes non-GAAP measures, reconciliations will be provided in various press releases and on the company's website.

I will now turn the call over to John Hewitt, President and CEO of Matrix Service Company.

John R Hewitt

Thank you, Kevin. Good morning, everyone, and thank you very much for joining us.

I've been reflecting on the business challenges our customers and Matrix have experienced over the last couple of years and how in times like these, it's easy to lose sight of safety. But the same thing is true as we see the end markets improve and workloads increase. In either case, at the end of the day, nothing in business is more important than the safety and health of our employees and those around us.

It is also important to remember that safety extends far beyond just occupational safety. It also means making sure that people around us are safe from discrimination and harassment of any form and feel safe sharing ideas or speaking up about issues or concerns without fear of retribution.

In every instance, our focus on safety has been unwavering regardless of the business background noise this world surrounds us. It is a social imperative that puts the safety and well-being of all people first.

So as we enter into the last quarter this fiscal year and as we look forward to a much stronger fiscal 2019, I've asked our employees to further strengthen their resolve in taking personal responsibility for making sure they and everyone around them are safe. The individual choices we each make can and do make a difference please on safety for yourself, your loved ones, your coworkers, and the community. You can make an impact.

As noted in our earnings release and as we discussed during our last earnings call, we expected our third quarter results to be the lowest of