{"schema_version":"secwatch.filing_event.v1","accession":"0000866273-23-000012","form_type":"8-K","ticker":"MTRX","cik":"0000866273","company_name":"MATRIX SERVICE CO","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.472250+00:00","generated_at":"2026-06-15T15:12:57.519695+00:00","sec_items":["2.02","5.03","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Matrix Service Q3 net loss $0.47/sh; revenue $186.9M up 6% YoY; backlog $832.4M","bullets":["Net loss of $12.7M ($0.47/sh); adjusted loss $8.9M ($0.33/sh); adjusted EBITDA loss $7.7M.","Revenue $186.9M (+6% YoY); project awards $308.7M (book-to-bill 1.7); backlog $832.4M (+12% QoQ).","Storage & Terminal Solutions rev $52.2M, gross margin -1.6%; Process & Industrial $99.7M (+23% QoQ), gross margin 3.2% (hit by $3.3M cost increase).","Utility & Power Infrastructure rev $35.0M, gross margin 8.0%; total liquidity $92.4M, debt $15.0M.","CEO expects significant improvement in Q4 as recently awarded storage projects ramp."],"urls":{"canonical":"https://secwatch.observer/filing/0000866273-23-000012","json":"https://secwatch.observer/filing/0000866273-23-000012.json","markdown":"https://secwatch.observer/filing/0000866273-23-000012.md","text":"https://secwatch.observer/filing/0000866273-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866273/000086627323000012/0000866273-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866273/000086627323000012/mtrx-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T15:12:57.519695+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7689016813835064c1d8f72376d2bf7eb188679c","claim":"MATRIX SERVICE CO reported third quarter of fiscal 2023 results: revenue $186.9 million, EPS $0.47 per share.","evidence_excerpt":"Third quarter revenue of $186.9 million, an increase of 6% compared to the third quarter of fiscal 2022 • Loss per share of $0.47; adjusted loss per share of $0.33 (1)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/866273/000086627323000012/0000866273-23-000012-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal 2023"},{"label":"Revenue","value":"$186.9 million"},{"label":"EPS","value":"$0.47 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8039eeb6dde1420df34b900bd61a883c712cf913","claim":"MATRIX SERVICE CO: Board adopted Third Amended and Restated Bylaws effective immediately, updating provisions for Universal Proxy Rules, stockholder list availability, and adjournment procedures to reflect DGCL amendments (effective 2023-05-02).","evidence_excerpt":"On May 2, 2023, the Board of Directors (the “Board”) of the Company adopted and approved the Company’s Third Amended and Restated Bylaws (the “Third Amended and Restated Bylaws”), effective immediately.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/866273/000086627323000012/0000866273-23-000012-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-05-02"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}