secwatch.observer — SEC 8-K summary
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Issuer:     MATRIX SERVICE CO (MTRX)
CIK:        0000866273
Form:       8-K
Filed at:   2024-09-09T23:59:59+00:00
Accession:  0000866273-24-000087
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matrix Service reports Q4 loss per share of $(0.16); backlog up 31% YoY to $1.4B; FY25 revenue guidance $900-950M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866273/000086627324000087/0000866273-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866273/000086627324000087/mtrx-20240909.htm
  HTML page:      https://secwatch.observer/filing/0000866273-24-000087

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