secwatch.observer — SEC 8-K summary
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Issuer:     MATRIX SERVICE CO (MTRX)
CIK:        0000866273
Form:       8-K
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0000866273-23-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matrix Service Q4 net loss narrows to $0.01/share; backlog rises 85% to $1.1B
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- Q4 revenue $205.9M (+10% vs Q3); full-year revenue $795.0M.
- Q4 net loss $0.3M ($0.01/share); adjusted net loss $3.1M ($0.11/share).
- Q4 project awards $463.6M (book-to-bill 2.3); FY awards $1.3B (1.7).
- Backlog $1.1B at June 30, up 85% YoY and 31% sequentially.
- Utility & Power Infrastructure Q4 awards $360.7M, book-to-bill 9.2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866273/000086627323000054/0000866273-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866273/000086627323000054/mtrx-20230911.htm
  HTML page:      https://secwatch.observer/filing/0000866273-23-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer