Brief: Matrrix Announces Qtrly Net Loss Per Share C$0.02

Stampede Drilling

04/04/2019 02:27

April 3 (Reuters) - MATRRIX Energy Technologies Inc  MXX.V :
    * MATRRIX ANNOUNCES 2018 FOURTH QUARTER AND YEAREND RESULTS
    * QTRLY NET LOSS PER SHARE $0.02
    * CAUTIOUSLY OPTIMISTIC FOR 2019; DOES NOT ANTICIPATE
SIGNIFICANT
RECOVERY IN CANADIAN ACTIVITY FROM 2018
    * MATRRIX ENERGY TECHNOLOGIES - WHILE CO IS CAUTIOUSLY
OPTIMISTIC
FOR 2019, IT DOES NOT ANTICIPATE A SIGNIFICANT RECOVERY IN
CANADIAN ACTIVITY FROM 2018
    * QTRLY REVENUE $6.6 MILLION, UP 32 PERCENT
    * CORPORATION ALSO ANNOUNCES IT WILL BE DISCONTINUING
DIRECTIONAL
DRILLING OPERATIONS STARTING IN Q2 2019
    * ALL FIGURES IN C$

Source text for Eikon:  ID:nCNWdvCWza 
Further company coverage:  MXX.V 

 ((Reuters.Briefs@thomsonreuters.com;))