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Matrix Service Company (MTRX)
NASDAQ:MTRX
Earnings Data
Report Date
Sep 15, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.02Last Year’s EPS
-0.16Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 0.24%
|Next Earnings Date:Sep 15, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative developments. While there was significant revenue growth, improved financial performance, and a strong backlog, the decision to exit a business line and the reduction in revenue guidance due to macroeconomic uncertainties and project timing issues were notable challenges.Company Guidance
During the Matrix Service Company's third quarter fiscal 2025 earnings call, the company revised its fiscal year 2025 revenue guidance down by 10% to a range of $770 million to $800 million. This revision was attributed to the decision to exit the Northeast transmission and distribution service line, which impacted full-year revenue by approximately $50 million, and the timing delays in project awards due to macroeconomic uncertainties. Despite this, the company achieved a year-to-date book-to-bill ratio of 1.0 and anticipates maintaining this momentum, with projected quarter-over-quarter growth demonstrated by 20% to 25% growth in the second half of fiscal 2025 compared to the first half. Storage and Terminal Solutions accounted for $205 million of the quarterly awards, boosting backlog to $848 million, the highest in the company's history. The company also indicated a strong market outlook, supported by the U.S. Energy Information Administration's (EIA) projected 45% increase in U.S. LNG export demand and an 8% increase in demand on the 38 trillion cubic feet of natural gas over the next six years.Revenue Growth
Revenue growth continued in the third quarter, increasing 21% to $200.2 million, compared to $166 million in the third quarter last year.
Record Backlog in Storage and Terminal Solutions
Storage and Terminal Solutions accounted for $205 million of the quarterly awards, increasing backlog to $848 million, the highest level in the company's history.
Improved Financial Performance
Adjusted EBITDA improved to breakeven in the quarter, compared to a loss of $10 million in the third quarter last year. Net loss decreased to $3.4 million compared to $14.6 million the previous year.
Strong Liquidity Position
Available liquidity increased to $247.1 million, comprised of $185.5 million of unrestricted cash and $61.5 million of borrowing availability under the credit facility.
MTRX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MTRX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $12.26 | $13.65 | +11.34% |
Feb 05, 2025 | $14.04 | $14.14 | +0.71% |
Nov 06, 2024 | $12.91 | $12.75 | -1.24% |
Sep 09, 2024 | $9.14 | $10.54 | +15.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Matrix Service Company (MTRX) report earnings?
Matrix Service Company (MTRX) is schdueled to report earning on Sep 15, 2025, TBA Not Confirmed.
What is Matrix Service Company (MTRX) earnings time?
Matrix Service Company (MTRX) earnings time is at Sep 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTRX EPS forecast?
MTRX EPS forecast for the fiscal quarter 2025 (Q4) is 0.02.