Matrix Service Company Reports Second Quarter Fiscal 2024 Results
Matrix Service Company (MTRX)
Last matrix service company earnings: 2/5 04:05 pm
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US:NASDAQ Investor Relations:
investors.matrixservicecompany.com/investor-relations
Company Research
Source: GlobeNewswire
TULSA, Okla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is a leading North American industrial engineering, construction, and maintenance contractor headquartered in Tulsa, Oklahoma with offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea. Key highlights: Backlog increased to $1.45 billion, the highest level in the company's history; project awards in the quarter of $230.8 million resulted in a book-to-bill ratio of 1.3. Revenue of $175.0 million in the second quarter of fiscal 2024.Direct gross margins have returned to historical double-digit levels in the first half of fiscal 2024; impact of under-recovery is expected to resolve as revenue volumes increase.Adjusted EBITDA of $0.3 million(1) for the second quarter of fiscal 2024.Liquidity increased to $106.3 million as of December 31, 2023. All outstanding borrowings under the credit facility were repaid during the qu
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News
- Matrix Service Company Sets Dates for Release of Third Quarter Fiscal 2024 Financial Results and Conference CallGlobeNewswire
- Matrix Service's (NASDAQ:MTRX) investors will be pleased with their solid 165% return over the last year [Yahoo! Finance]Yahoo! Finance
- Matrix Service Company Announces Strategic Relationship With Geldof to Provide Total EPC Solutions For Ammonia Storage Across Europe [Yahoo! Finance]Yahoo! Finance
- Matrix Service Company Announces Strategic Relationship With Geldof to Provide Total EPC Solutions For Ammonia Storage Across EuropeGlobeNewswire
- Matrix Service Company Receives Award From Long-Standing Client for Multiple Storage Tanks on the West CoastGlobeNewswire
MTRX
Earnings
- 2/7/24 - Miss
MTRX
Sec Filings
- 4/2/24 - Form 4
- 3/25/24 - Form 4
- 3/22/24 - Form 144
- MTRX's page on the SEC website