Last 1,902
Change Today -18.00 / -0.94%
Volume 87.6K
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matrix it ltd (MTRX) Snapshot

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05/26/14 - $2,210
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01/25/15 - $1,631
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matrix it ltd (MTRX) Details

Matrix IT Ltd., an information technology (IT) company, develops and implements technologies, software solutions, and products in Israel. It offers call center services, including customer service centers and sale centers through outsourcing; development and implementation services, such as managing and executing IT projects for clients of various sectors; integration and infrastructure solutions comprising storage, backup, DRP, business continuity, communication and networks, virtualization, cloud computing, and outsourcing; and outsourcing services, including offshore and near shore. The company also provides professional services; and software solutions in various IT contents, including CRM, BI, system management, open code, command and control, knowledge management, content management, integration, data security, testing, printing management, etc. In addition, it offers strategic consultation to companies and organizations in IT within defense and strategic-organizational fields; testing and quality assurance in various technologies and sectors that include manual and automatic testing services; and training and assimilation services within computer and IT training, professional skills, administrative skills, service, and sales. The company serves industry, retail, banking and finance, education and academe, Hi-tech and ISVs, telecom, defense, health, and the government/public sectors. Matrix IT Ltd. is headquartered in Herzlia Pituach, Israel.

matrix it ltd (MTRX) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: --
Executive Vice Chairman of the Board and Pres...
Total Annual Compensation: 1.5M
Chief Financial Officer
Total Annual Compensation: 1.2M
Chief Executive Officer of The John Bryce Hi-...
Total Annual Compensation: 957.1K
Compensation as of Fiscal Year 2013.

matrix it ltd (MTRX) Key Developments

Matrix IT Ltd., Annual General Meeting, Dec 31, 2014

Matrix IT Ltd., Annual General Meeting, Dec 31, 2014., at 10:30 Israel Standard Time.

Matrix Reports Earnings Results for the First Quarter Ended March 31, 2014

Matrix reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported turnover of ILS 512,186,000 against ILS 459,871,000 a year ago. Profit from regular activities was ILS 36,317,000 against ILS 30,872,000 a year ago. Profit before taxes was ILS 30,282,000 against ILS 24,314,000 a year ago. Net profit was ILS 22,286,000 against ILS 19,200,000 a year ago. Net profit of owners of capital rights in the company was ILS 22,801,000 against ILS 18,486,000 a year ago. The positive cash flow from current activity in the first quarter amounted to approximately ILS 16,625,000. The growth of revenues and profits is due mainly to the core activities of Matrix ­ software solutions and services ­ where not only income increased, but also the variety of fields we entered as well as its customer base.

Matrix IT Ltd.'s Unit John Bryce Hi-Tech College and PTL Group Ltd. Opens New Training Center in Nanjing in Collaboration with the Nanjing Quality & Inspection Center

Matrix IT Ltd. unit John Bryce Hi-Tech College and PTL Group Ltd. have opened new training center in Nanjing in collaboration with the Nanjing Quality & Inspection Center, which authorizes every software product developed in the city before marketing. The new center in Nanjing is another milestone passed since Matrix's entry into China over six years ago. A year ago, Matrix and PTL Group launched a Development Center for Mobile Apps in Changzhou. 400,000 of Nanjing's eight million residents work in software. The new center will initially train 500 employees of local IT companies, and will later provide software services.


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