Matrix Service Company (NASDAQ:MTRX) Q1 2020 Earnings Conference Call - Final Transcript

Nov 07, 2019 • 10:30 am ET


Matrix Service Company (NASDAQ:MTRX) Q1 2020 Earnings Conference Call - Final Transcript


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Ladies and gentlemen, thank you for standing by, and welcome to the Matrix Service Company Conference Call to discuss results for the First Quarter Fiscal 2020. [Operator Instructions] After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your host, Kellie Smythe, Senior Director of Investor Relations. Thank you. Please go ahead, madam.

Kellie Smythe

Good morning, and welcome to Matrix Service Company's first 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 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, 2019, 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, periodic SEC filings 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. Good morning, everyone, and thank you for joining us. Historically, we have started our call with the safety topic. Beginning with this call, we are expanding the topics we will discuss to include a broader focus on environment, social and governance topics, which include safety as well as other areas of importance to long-term sustainability.

On this call, I'd like to highlight the obligations that I believe we as business leaders have to ensuring that those around are still safe both physically and psychologically in the environments in which they were. In the past week, I was honored to join the CEO Action for Diversity & Inclusion initiative, the largest CEO-driven business commitment to advancing inclusion and diversity in the workplace.

In doing so, we have pledged to cultivate a workplace where diverse perspectives and experiences are valued. Expand education about unconscious bias, learn from and share both successful and unsuccessful practices aimed at creating an inclusive work environment, and engage our Board of Directors in the development and implementation of strategic action plans that drive accountability around inclusion and diversity.

Across our organization and keeping with our core values, we are committed to ensuring an environment where our people feel safe and empowered and can openly address challenges, present opportunities and share perspectives. Doing so we will not only fuel innovation, we will enrich our individual and collective experiences and drive success in every aspect of our business.

Turning now