earnings
confidence high
sentiment negative
materiality 0.70
Matrix Service Q1 net loss $(0.33)/share; revenue $165.6M; reaffirms FY25 guidance $900-950M
MATRIX SERVICE CO
2025-Q1 EPS reported
-$0.33
revenue$165,579,000
- Net loss per share $(0.33) (adjusted $(0.33)) vs $(0.12) GAAP and $(0.21) adjusted in prior year.
- Revenue $165.6M; adjusted EBITDA $(5.9)M vs $(0.9)M a year ago.
- Backlog $1.4B; Q1 awards $148M with book-to-bill 0.9x; FY25 revenue guidance reaffirmed $900-950M.
- UPI segment revenue grew >70% YoY; PIF revenue declined due to completion of large renewable diesel project.