Highest-materiality recent filing
Matrix Service Q3 revenue $206.7M, net income $0.8M; updates FY 2026 revenue guidance to $870-890M
Revenue of $206.7M; net income of $0.8M ($0.03 diluted EPS).
Matrix Service CFO and CAO to depart; Cavanah gets $771K separation package
Kevin Cavanah to step down as CFO after filing of FY2026 10-K; external search underway for Houston-based successor.
Matrix Service Q2 revenue rises 12% YoY, net loss narrows to $0.03 EPS; reaffirms FY2026 guidance
Revenue $210.5M (+12% YoY); net loss of $0.9M ($0.03 EPS) vs loss $5.5M ($0.20) prior year.
Matrix Service subsidiary President Douglas Montalbano resigns effective Jan 16, 2026
Douglas J. Montalbano resigns as President of Matrix North American Construction (Matrix NAC), effective January 16, 2026.
Revenue $211.9M (+28% YoY); net loss per share $(0.13) vs $(0.33); adjusted net loss $(0.01) per share.
All eight director nominees elected with strong support (votes for range 20.66M to 21.03M).
Matrix Service Q4 net loss $(0.40)/share on $216.4M revenue; FY2026 guidance $875-925M
Net loss of $11.3M ($0.40/sh) in Q4 FY2025, widening from $4.4M loss ($0.16/sh) in Q4 FY2024; adjusted loss $0.28/sh.
Matrix Service extends credit agreement maturity to 2029, adds new guarantors
Maturity date of credit agreement extended from September 9, 2026 to September 9, 2029.
Matrix Service Q3 revenue up 21%, loss narrows; cuts fiscal year guidance 10%
Revenue $200.2M (+21% YoY); net loss per share $(0.12) vs $(0.53) prior year.
Shawn P. Payne promoted to newly created President Engineering & Construction role, effective May 5, 2025; oversees operating subsidiaries and client services.
Matrix Service posts Q2 net loss per share $(0.20); lowers FY25 revenue guidance by ~5%
Revenue $187.2M (+7% YoY); net loss $(0.20) per share vs $(0.10); adjusted loss $(0.20) vs $(0.18).
Matrix Service Q1 net loss $(0.33)/share; revenue $165.6M; reaffirms FY25 guidance $900-950M
Net loss per share $(0.33) (adjusted $(0.33)) vs $(0.12) GAAP and $(0.21) adjusted in prior year.
Matrix Service Company reports annual meeting voting results; all proposals approved
All seven director nominees elected; highest votes for John D. Chandler (21,977,752), lowest James H. Miller (20,716,565).
Q4 revenue $189.5M; net loss per share $(0.16) vs $(0.01); adjusted $(0.14) vs $(0.11).
Matrix Service Q3 revenue down 11% YoY to $166M; backlog hits record $1.45B
Net loss per share ($0.53); adjusted EBITDA negative ($9.8M) vs ($7.7M) prior year.
Kevin S. Cavanah, Vice President of Finance and Chief Financial Officer, and Nancy E. Austin, Chief Administrative Officer, will step down from their respective positions on the terms substantially as described below.
Ms. Austin will step down as Vice President and Chief Administrative Officer of the Company effective as of May 7, 2026.
In connection with this and other organizational changes, effective April 30, 2025, Mr. Alan R. Updyke, Chief Operating Officer of Matrix Service Company and Mr. Glyn A. Rodgers, President of Matrix PDM Engineering, Inc., a wholly owned subsidiary of Matrix will no longer be employed with the Company.
In connection with this and other organizational changes, effective April 30, 2025, Mr. Alan R. Updyke, Chief Operating Officer of Matrix Service Company and Mr. Glyn A. Rodgers, President of Matrix PDM Engineering, Inc., a wholly owned subsidiary of Matrix will no longer be employed with the Company.
Mr. Shawn P. Payne has been promoted to the newly created position of President Engineering & Construction, Matrix Service Company, effective May 5, 2025.
Max materiality 0.75 · Median 0.70 · Most common event earnings