secwatch.observer — SEC 8-K summary
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Issuer:     MATRIX SERVICE CO (MTRX)
CIK:        0000866273
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0000866273-25-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matrix Service Q3 revenue up 21%, loss narrows; cuts fiscal year guidance 10%
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- Revenue $200.2M (+21% YoY); net loss per share $(0.12) vs $(0.53) prior year.
- Adjusted EBITDA break-even vs $(10.0)M loss; cash from ops $31.2M.
- Backlog $1.4B (+7.7% from Q2); project awards $301.2M, book-to-bill 1.5x.
- Fiscal year revenue guidance reduced 10% on macro uncertainty, project timing, exit of non-core line.
- Liquidity $247.1M no debt; consolidating business for leaner structure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866273/000086627325000027/0000866273-25-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866273/000086627325000027/mtrx-20250507.htm
  HTML page:      https://secwatch.observer/filing/0000866273-25-000027

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