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Matrix Service Q1 2025 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
-$0.33
Consensus EPS
-$0.32
Beat/Miss
Missed by -$0.01
One Year Ago EPS
-$0.21

Matrix Service Revenue Results

Actual Revenue
$165.58 million
Expected Revenue
$183.90 million
Beat/Miss
Missed by -$18.32 million
YoY Revenue Growth
N/A

Matrix Service Announcement Details

Quarter
Q1 2025
Time
After Market Closes
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Matrix Service Earnings Headlines

Matrix Service announces contract award in New Jersey
First JFK… next Elon?
Today, I have another controversial prediction. One which I will take no pleasure in seeing come true. See, even with President Trump returning as the leader of our free country, I believe Elon Musk is in mortal danger.
Matrix Service Company Reports Q1 Fiscal 2025 Results
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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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