secwatch.observer — SEC 8-K summary
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Issuer:     MATRIX SERVICE CO (MTRX)
CIK:        0000866273
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0000866273-26-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matrix Service Q2 revenue rises 12% YoY, net loss narrows to $0.03 EPS; reaffirms FY2026 guidance
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- Revenue $210.5M (+12% YoY); net loss of $0.9M ($0.03 EPS) vs loss $5.5M ($0.20) prior year.
- Adjusted EBITDA $2.4M vs negative $2.2M; gross margin 6.2% improved from 5.8%.
- Backlog $1.1B; awards $176.6M; book-to-bill 0.8x; Storage segment book-to-bill 1.2x.
- Liquidity $257.6M with no debt; reaffirms FY2026 revenue guidance $875M-$925M (14-20% growth).
- Utility segment revenue up 23% to $75.4M; Storage margin hit by $3.6M commissioning costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866273/000086627326000012/0000866273-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866273/000086627326000012/mtrx-20260204.htm
  HTML page:      https://secwatch.observer/filing/0000866273-26-000012

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