earnings
confidence high
sentiment negative
materiality 0.75
Matrix Service posts Q2 net loss per share $(0.20); lowers FY25 revenue guidance by ~5%
MATRIX SERVICE CO
2025-Q2 EPS
reported -$0.53
vs consensus $0.02
▼ miss
(-3564.1%)
- Revenue $187.2M (+7% YoY); net loss $(0.20) per share vs $(0.10); adjusted loss $(0.20) vs $(0.18).
- Adjusted EBITDA negative $(2.2)M vs $0.1M; backlog $1.3B; book-to-bill 0.5x on $90.5M awards.
- Cash from operations $33.6M; liquidity $211.7M with no debt outstanding.
- FY25 revenue guidance cut ~5% due to permitting delays and pre-election uncertainty; ~$50M pushed to FY26.
- Expects H2 FY25 return to profitability with >40% YoY revenue growth and book-to-bill ≥1.0x for full year.