earnings
confidence high
sentiment neutral
materiality 0.70
Matrix Service reports Q4 loss per share of $(0.16); backlog up 31% YoY to $1.4B; FY25 revenue guidance $900-950M
MATRIX SERVICE CO
- Q4 revenue $189.5M; net loss per share $(0.16) vs $(0.01); adjusted $(0.14) vs $(0.11).
- Full-year FY2024 revenue $728.2M; net loss per share $(0.91) vs $(1.94); adjusted $(1.03).
- Backlog at June 30, 2024 of $1.4B (+31% YoY); full-year project awards $1.1B (book-to-bill 1.5x).
- Cash from operations $72.6M; liquidity $169.6M with no outstanding debt.
- FY2025 revenue guidance of $900-950M, implying 24-30% growth over FY2024.