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Matrix Service Company provides engineering, fabrication, construction, maintenance and repair services for energy and industrial infrastructure. The company reports through Storage and Terminal Solutions, Utility and Power Infrastructure, and Process and Industrial Facilities, covering storage tanks and terminals, power delivery and generation projects, plant maintenance, turnarounds, refining, petrochemical and related industrial work.
Company news commonly covers fiscal results, revenue guidance, backlog, project awards, customer contracts, restructuring actions and executive succession. Updates also describe demand across LNG, natural gas liquids, mining and minerals, power generation, data center-related infrastructure and other large industrial projects.
Matrix Service Company (Nasdaq:MTRX) announced that senior leaders, including Chief Operating Officer and incoming CEO Shawn P. Payne and CFO Kevin Cavanah, will attend the Stifel Cross-Sector Insight Conference in Boston on June 2-3, 2026.
One-on-one investor meetings can be scheduled in advance.
Matrix Service Company (Nasdaq: MTRX) reported fiscal Q3 2026 results for the period ended March 31, 2026. Revenue was $206.7 million, net income was $0.8 million ($0.03 diluted), adjusted net income was $3.8 million ($0.13), and adjusted EBITDA was $4.9 million. Liquidity totaled $297.2 million with no outstanding debt and backlog was $1.03 billion. The company lowered full-year fiscal 2026 revenue guidance to $870–$890 million and reported $108.3 million of awards in the quarter.
Matrix Service Company (Nasdaq: MTRX) announced that Kevin Cavanah, Vice President of Finance and Chief Financial Officer, will depart following the filing of the company’s fiscal 2026 Annual Report and will remain through that filing to support an orderly transition.
The company retained a leading executive search firm to conduct a comprehensive CFO search. Management stated the departure is not related to any disagreement about accounting, financial statements, internal controls, or operations.
Matrix Service Company (Nasdaq: MTRX) will release third quarter Fiscal 2026 results after market close on Wednesday, May 6, 2026.
The company will host an earnings conference call on Thursday, May 7, 2026 at 10:30 a.m. ET / 9:30 a.m. CT with a live audio-visual webcast accessible via the investor relations Events & Presentations page. A replay will be available about one hour after the live call.
Matrix Service Company (Nasdaq: MTRX) reported fiscal Q2 2026 revenue of $210.5M (+12% year-over-year) and an adjusted EBITDA of $2.4M, with net loss of $0.9M (loss per share $(0.03)).
Liquidity totaled $257.6M with no outstanding debt, backlog was $1.127B, and the company reaffirmed full-year revenue guidance of $875M–$925M (+14%–20%).
Matrix Service Company (Nasdaq: MTRX) announced a planned CEO transition: John R. Hewitt will step down effective June 30, 2026, and Shawn P. Payne, appointed Chief Operating Officer effective immediately, will become President and Chief Executive Officer beginning fiscal 2027. The release highlights Payne's 2012 hire, senior roles, and succession planning.
Matrix Service Company (Nasdaq: MTRX) will release second quarter Fiscal 2026 results after market close on Wednesday, February 4, 2026.
The company will host an earnings conference call and audio-visual webcast on Thursday, February 5, 2026 at 10:30 a.m. ET / 9:30 a.m. CT to present results and forward outlook. Investors can access the live webcast via the company website www.matrixservicecompany.com on the Investors Relations page under Events & Presentations. The call will be recorded and a replay will be available about one hour after the live broadcast at the same link.
Matrix Service Company (Nasdaq: MTRX) said Delaware River Partners awarded Matrix NAC the balance-of-plant construction for a 100,000 m3 (630,000 barrels) dual-service full-containment storage tank capable of storing liquid ammonia or LPG. The award was taken into backlog in Q1 fiscal 2026 and follows a prior award for the inner steel tank scope in fiscal 2025. The project supports the Repauno Port and Rail Terminal expansion to serve NGL export demand and is estimated to create up to 300 local construction jobs. Matrix highlighted its integrated specialty storage and balance-of-plant offering and said it will deliver work focused on quality and safety.
Matrix Service Company (Nasdaq: MTRX) reported fiscal Q1 2026 results for the quarter ended September 30, 2025. Revenue was $211.9 million, up 28% year-over-year; net loss was $3.7 million (loss per share $(0.13)) with adjusted net loss of $(0.01) per share. Adjusted EBITDA improved to $2.5 million from $(5.9) million a year earlier. Liquidity totaled $248.9 million with no outstanding debt and backlog was $1.2 billion after removal of two projects reducing backlog by $197.0 million. The company reaffirmed full-year revenue guidance of $875–$925 million (up 14%–20%).
Matrix Service Company (Nasdaq: MTRX) will release first quarter Fiscal 2026 results after market close on Wednesday, November 5, 2025.
The company will host a live earnings conference call and audio-visual webcast on Thursday, November 6, 2025 at 10:30 a.m. ET / 9:30 a.m. CT to discuss results and forward outlook; the webcast is available via the company's Investor Relations Events & Presentations page at www.matrixservicecompany.com. The call will be recorded and a replay will be posted about one hour after completion.