Matrix Service Company (NASDAQ:MTRX) Q2 2019 Earnings Conference Call Transcript

Feb 07, 2019 • 10:30 am ET


Matrix Service Company (NASDAQ:MTRX) Q2 2019 Earnings Conference Call Transcript


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Good day, ladies and gentlemen, and welcome to the Matrix Service Company Conference Call to discuss Results for the Second Quarter of Fiscal 2019. At this moment, 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) As a reminder this conference call may be recorded.

I would now like to introduce your host for today's conference, Kellie Smythe, Senior Director of Investor Relations of Matrix Service Company. You may begin.

Kellie Smythe

Good morning and welcome to Matrix Service Company's Second Quarter Earnings Call. Participants on today's call will include John Hewitt, President and Chief Executive Officer and Kevin Cavanah, Vice President and Chief Financial Officer. The presentation materials we will be using during the webcast today can also be found on the Investor Website -- Investor Relations section of the Matrix Service Company website.

Before we begin, 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 the 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, 2018, 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 Hewitt

Thank you, Kellie, and good morning, everyone and thank you for joining us. Each year about this time Matrix Service Company celebrates the best of the best in safety performance by awarding our Board of Directors and CEO, Safety Excellence Award to those whose safety performance in the prior fiscal year exemplify our safety culture. I'd like to publicly recognize these teams this morning.

The fiscal 2018 Board of Directors Safety Award has been presented to the Matrix Service Inc. Tank Maintenance and Repair Group under the leadership of Randy Botwinis. Among this team's many accomplishments, it's having worked over one million man hours across two consecutive years with zero recordable incidents.

Our Catoosa fabrication facility under the leadership of John Vick has been recognized with the fiscal 2018, CEO Safety Award. This team achieved zero recordable incidents in fiscal 2018 and also received the Star Award under the OSHA Voluntary Protection Program.

In addition to these two award recipients, I also want to congratulate the many employees on our job sites across North America as well as those in our regional, corporate, and international offices who also worked incident-free in fiscal 2018.

The performance of these recipients is supported by the commitment of our more than 5,000 employees who live our culture every day. I'm extremely proud of all of our employees