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Recap: Matrix Service Q2 Earnings

Matrix Service (NASDAQ:MTRX) reported its Q2 earnings results on Wednesday, February 7, 2024 at 04:05 PM. Here’s what…
byBenzinga Insights
February 7, 2024
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Matrix Service (NASDAQ:MTRX) reported its Q2 earnings results on Wednesday, February 7, 2024 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Matrix Service missed estimated earnings by 80.0%, reporting an EPS of $-0.18 versus an estimate of $-0.1.

Revenue was down $18.80 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 4.23% increase in the share price the next day.

Here’s a look at Matrix Service’s past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate -0.09 -0.21 -0.19 -0.10
EPS Actual -0.21 -0.11 -0.33 -0.53
Revenue Estimate 197.11M 208.23M 198.89M 202.85M
Revenue Actual 197.66M 205.85M 186.90M 193.84M

To track all earnings releases for Matrix Service visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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