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Stock impact report

Matrix Service Company Reports Third Quarter Fiscal 2024 Results [Yahoo! Finance]

Matrix Service Company (MTRX) 
Last matrix service company earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
maintenance contractor, today announced results for the third quarter fiscal 2024 ended March 31, 2024. THIRD QUARTER FISCAL 2024 RESULTS (all comparisons versus the prior year period unless otherwise noted) Total backlog of $1.45 billion, +74% on a year-over-year basis, the highest level in 40-year company history Total project awards of $186.8 million, resulting in a book-to-bill ratio of 1.1x Revenue of $166.0 million, a decline of 11% on a year-over-year basis Adjusted EBITDA of ($9.8) million versus ($7.7) million in the prior-year period Net loss per share of ($0.53); Cash flow from operations of $25 million, +25% on a year-over-year basis Cash and credit facility availability at March 31, 2024 of $135.0 million with no outstanding debt “Bidding activity remained strong across our end-markets during the third quarter, driven by multi-year tailwinds that continue to support backlog growth within our core storage, terminal, utility and power infrastructure mark Show less Read more
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