INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims Against Matrix Service Company
Matrix Service Company (MTRX)
Last matrix service company earnings: 2/5 04:05 pm
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US:NASDAQ Investor Relations:
investors.matrixservicecompany.com/investor-relations
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Matrix Service Company (“Matrix” or the “Company”) (NASDAQ: MTRX). This investigation concerns whether Matrix has violated federal securities laws and/or engaged in other unlawful business practices.On February 6, 2020, in connection with its second quarter 2020 results, Matrix recorded a goodwill impairment of $24.9 million in its Electrical Infrastructure segment. The Company stated that “the impairment of the goodwill was due to the financial performance of portions of the power delivery business that led to depressed gross margins, which accelerated during the second quarter.” As a result, Matrix is “implementing significant changes to the operations and management of its Electrical Infrastructure segment, including changes to leadership, modifications to operational processes, changes to mid-level operational personnel, and increased business development resources.”On this
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News
- Three Reasons to Avoid MTRX and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Matrix Service (NASDAQ: MTRX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Spotting Winners: Matrix Service (NASDAQ:MTRX) And Construction and Maintenance Services Stocks In Q3 [Yahoo! Finance]Yahoo! Finance
- Matrix Service Company (NASDAQ:MTRX) is largely controlled by institutional shareholders who own 74% of the company [Yahoo! Finance]Yahoo! Finance
- Matrix Service (NASDAQ: MTRX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
MTRX
Earnings
- 11/6/24 - Miss
MTRX
Sec Filings
- 11/12/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- MTRX's page on the SEC website