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Matrix Service Q1 2024 Earnings Report

Matrix Service logo
$12.16 +0.04 (+0.33%)
(As of 12/20/2024 05:16 PM ET)

Matrix Service EPS Results

Actual EPS
-$0.21
Consensus EPS
-$0.09
Beat/Miss
Missed by -$0.12
One Year Ago EPS
N/A

Matrix Service Revenue Results

Actual Revenue
$197.66 million
Expected Revenue
$189.23 million
Beat/Miss
Beat by +$8.43 million
YoY Revenue Growth
N/A

Matrix Service Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Matrix Service Earnings Headlines

Matrix Service announces contract award in New Jersey
2025 could be “worse than the dot-com bust”, says man who predicted 2008 banking crisis
Dan is sharing his latest work with the public. Because what he's tracking right now, he says, is too serious to keep private.
Matrix Service Company Reports Q1 Fiscal 2025 Results
See More Matrix Service Headlines
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About Matrix Service

Matrix Service (NASDAQ:MTRX) Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, and upgrades and maintenance, and emergency and storm restoration services. This segment also provides engineering, fabrication, and construction services for LNG utility peak shaving facilities; and construction and maintenance services to power generation facilities, including natural gas fired facilities. The Process and Industrial Facilities segment engages in the refining and processing of crude oil; fractionating and marketing of natural, gas and natural gas liquids; and offers plant maintenance, turnarounds, engineering, industrial cleaning services, and capital construction services. The Storage and Terminal Solutions segment undertakes work related to aboveground crude oil and refined product storage tanks and terminals; engineering, procurement, fabrication, and construction services related to cryogenic and other specialty tanks and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and provides plant work, truck and rail loading/offloading facilities, and marine structures, as well as storage tank and terminal maintenance and repair. This segment also manufactures and sells precision engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.

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