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Stock impact report

Matrix Service Company Reports Fiscal Year 2025 First Quarter Results, Reaffirms Full Year Revenue Guidance

Matrix Service Company (MTRX) 
Last matrix service company earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
TULSA, Okla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the first quarter of fiscal 2025 ended September 30, 2024. FIRST QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted) Maintaining full year Fiscal 2025 Revenue Guidance of $900 to $950 millionTotal backlog of $1.4 billionTotal project awards in the quarter of $148.0 million, resulting in a book-to-bill ratio of 0.9xRevenue of $165.6 millionNet loss per share of $(0.33) versus $(0.12); adjusted net loss per share of $(0.33)(1) versus $(0.21)Adjusted EBITDA of $(5.9) million(1) versus $(0.9) millionCash flow from operations of $11.9 millionLiquidity at September 30, 2024 of $181.2 million with no outstanding debt ________________(1) Adjusted net loss and adjusted loss per share are non-GAAP financial measures which exclude gain on sale Show less Read more
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