Matrix Service returns to profitability in fiscal 2026
Matrix Service reported fiscal 2026 adjusted EPS of $0.26, said revenue rose 14%, and gross margin improved by 210 basis points as it returned to profitability.
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03:43:07 PM UTC
SquawkNews
Revenue and gross profit grew significantly in Q4 2026, with improved margins and a return to profitability. Backlog remains strong, with 70%-80% expected to be executed in fiscal 2027, and new project awards anticipated to rebuild backlog in the second half.Based on Matrix Service Company [MTRX] Q…
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