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Matrix Service Company forecasts 17% revenue growth in fiscal 2026 amid organizational realignment and robust backlog
Hewitt projected fiscal year 2026 revenue between $875 million and $925 million, noting "at the midpoint of our guidance, approximately 85% of expected fiscal 2026 revenue is supported by backlog ...
“During the fourth quarter, we had continued momentum across multiple large projects, driving 14% year-over-year revenue growth and improved fixed cost absorption,” stated John Hewitt, President and ...
TULSA, Okla., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (MTRX) today reported its financial results for the fourth quarter and year ended June 30, 2023. “I am extremely pleased with ...
Matrix Service is back in focus after analysts updated their fair value work, with the price target moving from US$19.00 to US$20.00. Supportive voices see this new US$20.00 level as consistent with ...
For its fiscal fourth quarter of 2025, Matrix earned revenue of just over $216 million, for a 14% increase year over year. The dynamic was notably different on the bottom line, however, as the company ...
For its fiscal third quarter of 2025, Matrix managed to grow its revenue by 21% on a year-over-year basis to slightly more than $200 million. While doing so, it narrowed its non-GAAP (generally ...
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results ...
Correction: This story originally contained an incorrect address for Matrix Service Co.; the company is located at 5100 E. Skelly Drive. Also, a photo listed a former chief financial officer as the ...
The company posted a double-digit revenue gain in its fiscal third quarter. Still, it missed the consensus analyst estimate; ditto for the bottom line. For its fiscal third quarter of 2025, Matrix ...
Matrix reported quarterly results that were roughly in line with expectations and provided encouraging news about its future orders. The company's backlog of future business has grown by 85% over the ...
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