Matrix Svc Co Stock Price, News & Analysis

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.

Matrix Service Company (Nasdaq: MTRX), a leader in engineering and construction services for energy and industrial markets, has scheduled its third quarter Fiscal 2025 financial results announcement.

Key dates:

• Results Release: Wednesday, May 7, 2025 (after market)
• Conference Call: Thursday, May 8, 2025 at 10:30 AM Eastern / 9:30 AM Central

Investors and interested parties can access the live audio-visual webcast through the company's website at matrixservicecompany.com under the Investors Relations section. A recording will be available within one hour after the live call concludes, accessible through the same link.

Matrix Service Company (Nasdaq: MTRX) has announced its participation in the upcoming Sidoti March Virtual Investor Conference, scheduled for March 19-20, 2025. The company's leadership team, including President and CEO John R. Hewitt, CFO Kevin Cavanah, and Senior Director of Investor Relations Kellie Smythe, will engage with investors through:

• A presentation scheduled for March 20th at 10:45 a.m. ET
• One-on-one meetings with investors throughout the conference

Interested investors can register for the presentation and meetings through www.sidoti.com/events or by contacting Matrix Service Company directly at ir@matrixservicecompany.com.

Matrix Service Company (MTRX) reported its Q2 FY2025 results with revenue of $187.2 million, up 7% year-over-year. The company posted a net loss of $(0.20) per share compared to $(0.10) in the prior year quarter. Total backlog stood at $1.3 billion with quarterly project awards of $90.5 million.

Storage and Terminal Solutions segment revenue increased 53% to $95.5 million, while Utility and Power Infrastructure segment revenue grew 52% to $61.1 million. However, Process and Industrial Facilities segment revenue decreased to $30.6 million.

The company maintains strong liquidity of $211.7 million with no outstanding debt. Management lowered full-year revenue forecast by approximately 5% due to temporary permitting and project start delays, but expects return to profitability in second half of FY2025 with over 40% year-over-year revenue growth.

Matrix Service Company (Nasdaq: MTRX) has announced the schedule for its second quarter Fiscal 2025 financial results release and conference call. The company will release its financial results after market close on Wednesday, February 5, 2025. A conference call to discuss the results and future outlook will be held on Thursday, February 6, 2025, at 10:30 a.m. Eastern time/9:30 a.m. Central time.

The company will provide access to a live audio-visual webcast through their website's Investor Relations page. The conference call will be recorded and made available for replay within one hour of the live call's completion.

Matrix Service Company (Nasdaq: MTRX) has been awarded engineering, fabrication, and construction work for a 100,000 m3 full containment storage tank project in Gibbstown, New Jersey. The project, awarded by Cashman Preload Cryogenics for Delaware River Partners, features a unique dual-service design capable of storing both Liquid Ammonia and Liquid Propane Gas (LPG). The contract specifically covers the inner steel tank scope and was included in the company's backlog for the first quarter of fiscal 2025.

Matrix Service Company (Nasdaq: MTRX) announced its fiscal 2025 Q1 results, reaffirming its full-year revenue guidance of $900-$950 million. The company reported a total backlog of $1.4 billion and project awards of $148 million, resulting in a book-to-bill ratio of 0.9x. Revenue for the quarter was $165.6 million. However, the company faced a net loss per share of $(0.33) compared to $(0.12) in the prior year, with an adjusted net loss per share of $(0.33) versus $(0.21). Adjusted EBITDA stood at $(5.9) million. Despite these losses, Matrix generated cash flow from operations of $11.9 million and maintained liquidity of $181.2 million with no outstanding debt. The Utility and Power Infrastructure segment saw over 70% YoY revenue growth, while the Process and Industrial Facilities segment experienced a significant decline due to the completion of a large project. Management remains optimistic about converting backlog into revenue and returning to profitability by the end of fiscal 2025.