Matrix Svc Co Stock Price, News & Analysis

Matrix Service Company (Nasdaq: MTRX) announced a planned CEO transition: John R. Hewitt will step down effective June 30, 2026, and Shawn P. Payne, appointed Chief Operating Officer effective immediately, will become President and Chief Executive Officer beginning fiscal 2027. The release highlights Payne's 2012 hire, senior roles, and succession planning.

Matrix Service Company (Nasdaq: MTRX) will release second quarter Fiscal 2026 results after market close on Wednesday, February 4, 2026.

The company will host an earnings conference call and audio-visual webcast on Thursday, February 5, 2026 at 10:30 a.m. ET / 9:30 a.m. CT to present results and forward outlook. Investors can access the live webcast via the company website www.matrixservicecompany.com on the Investors Relations page under Events & Presentations. The call will be recorded and a replay will be available about one hour after the live broadcast at the same link.

Matrix Service Company (Nasdaq: MTRX) said Delaware River Partners awarded Matrix NAC the balance-of-plant construction for a 100,000 m3 (630,000 barrels) dual-service full-containment storage tank capable of storing liquid ammonia or LPG. The award was taken into backlog in Q1 fiscal 2026 and follows a prior award for the inner steel tank scope in fiscal 2025. The project supports the Repauno Port and Rail Terminal expansion to serve NGL export demand and is estimated to create up to 300 local construction jobs. Matrix highlighted its integrated specialty storage and balance-of-plant offering and said it will deliver work focused on quality and safety.

Matrix Service Company (Nasdaq: MTRX) reported fiscal Q1 2026 results for the quarter ended September 30, 2025. Revenue was $211.9 million, up 28% year-over-year; net loss was $3.7 million (loss per share $(0.13)) with adjusted net loss of $(0.01) per share. Adjusted EBITDA improved to $2.5 million from $(5.9) million a year earlier. Liquidity totaled $248.9 million with no outstanding debt and backlog was $1.2 billion after removal of two projects reducing backlog by $197.0 million. The company reaffirmed full-year revenue guidance of $875–$925 million (up 14%–20%).

Matrix Service Company (Nasdaq: MTRX) will release first quarter Fiscal 2026 results after market close on Wednesday, November 5, 2025.

The company will host a live earnings conference call and audio-visual webcast on Thursday, November 6, 2025 at 10:30 a.m. ET / 9:30 a.m. CT to discuss results and forward outlook; the webcast is available via the company's Investor Relations Events & Presentations page at www.matrixservicecompany.com. The call will be recorded and a replay will be posted about one hour after completion.

Matrix Service Company (Nasdaq: MTRX) has released its Fiscal 2025 Sustainability Report, showcasing the company's commitment to sustainable infrastructure development in the energy and industrial sectors. The report highlights several key achievements, including improved safety performance, enhanced workforce development initiatives, and expanded environmental reporting.

Under CEO John R. Hewitt's leadership, Matrix has implemented the Matrix C.A.R.E.S. program to address mental health in construction, conducted comprehensive climate risk assessments, and expanded its emissions reporting to include Scope 3 GHG emissions. The company reports making significant progress toward profitability in Fiscal 2025, supported by a strong project backlog and strategic organizational improvements.

Matrix Service Company (Nasdaq: MTRX) reported its fiscal Q4 and full-year 2025 results, with Q4 revenue increasing 14% to $216.4 million. The company posted a Q4 net loss of $(0.40) per share and adjusted EBITDA of $(4.8) million. Total backlog stands at $1.4 billion with Q4 project awards of $186.3 million.

For fiscal 2025, Matrix reported revenue of $769.3 million and provided fiscal 2026 revenue guidance of $875-925 million, implying 17% growth at the midpoint. The quarter was impacted by $14.9 million in discrete charges related to labor cost overruns, contract disputes, and restructuring costs. The company maintains strong liquidity of $284.5 million with no outstanding debt.

Matrix Service Company (Nasdaq: MTRX), an engineering and construction services provider for energy and industrial markets, has scheduled its fourth quarter and full-year Fiscal 2025 earnings release for Tuesday, September 9, 2025 after market close.

The company will host a conference call on Wednesday, September 10, 2025, at 10:30 a.m. Eastern time/9:30 a.m. Central time to discuss financial results and future outlook. Investors can access the audio-visual webcast through the company's website or a dedicated webcast link.

Matrix Service Company (MTRX) reported its Q3 FY2025 results with notable improvements despite ongoing challenges. The company achieved revenue of $200.2 million, up 21% year-over-year, while reducing net loss to $(0.12) per share from $(0.53). Total backlog reached $1.4 billion, increasing 7.7% from Q2 FY2025, with quarterly project awards of $301.2 million resulting in a strong 1.5x book-to-bill ratio. The Storage & Terminal Solutions segment saw significant growth with a 77% revenue increase, while Utility & Power Infrastructure grew 27%. However, Process and Industrial Facilities revenue declined. The company maintained strong liquidity of $247.1 million with no outstanding debt. Due to macroeconomic uncertainties and project timing issues, Matrix reduced its FY2025 revenue guidance by 10% to $770-800 million.