Matrix Service NASDAQ: MTRX reported a return to profitability in its fiscal third quarter of 2026, even as revenue was held back by project timing issues tied to client delays and weather, according to executives on the company's earnings call.
Matrix Service Company (MTRX) Q3 2026 Earnings Call Transcript
Matrix Service (MTRX) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to a loss of $0.12 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Point72 Asset Management LP Point72 Asset Management LP | 22,262 | $260,465.48 | $299,869.14 | $39,403.66 | 15.13% |
| JC Joseph Castro Nuveen LLC | 41,516 | $504,319.67 | $559,220.52 | $54,900.85 | 10.89% |
| JG Jennifer Grunberg Allspring Global Investments Holdings LLC | 81,919 | $943,844.3 | $1.1M | $159,604.63 | 16.91% |
| BA Bobby Adusumilli SJS Investment Consulting Inc. | 12 | $140.4 | $161.64 | $21.24 | 15.13% |
| JK John Keene Keene & Associates Inc. | 61,575 | $428,568.56 | $828,799.5 | $400,230.94 | 93.39% |
| Construction & Engineering Industry | Industrials Sector | John R. Hewitt CEO | NASDAQ (NGS) Exchange | 576853105 CUSIP |
| US Country | 2,064 Employees | - Last Dividend | 24 Nov 2003 Last Split | 26 Sep 1990 IPO Date |
Matrix Service Company, established in 1984 and headquartered in Tulsa, Oklahoma, specializes in engineering, fabrication, construction, and maintenance services tailored to support the critical infrastructure of the energy and industrial sectors across the United States, Canada, and internationally. The company delivers its comprehensive services through three primary segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions. Each segment focuses on specific aspects of the industries it serves, ranging from power delivery and process refinement to storage solution provision, showcasing Matrix Service Company’s broad expertise and commitment to supporting essential energy and industrial markets.
Offers power delivery services including the construction of new substations, upgrades to existing substations, transmission and distribution line installations and upgrades, maintenance, as well as emergency and storm restoration services. Furthermore, it provides engineering, fabrication, and construction services for LNG utility peak shaving facilities alongside construction and maintenance to power generation facilities, notably natural gas-fired facilities.
Specializes in services for the refining and processing sectors of crude oil, along with the fractionating and marketing of natural gas and natural gas liquids. This segment provides comprehensive plant maintenance, turnarounds, engineering, industrial cleaning, and capital construction services, catering to a broad array of needs within the industrial and process facility spectrums.
Undertakes projects related to aboveground storage tanks and terminals for crude oil and refined products. It provides an integrated approach through services in engineering, procurement, fabrication, and construction for cryogenic and other specialty tanks and terminals, handling LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum. It also encompasses plant work, truck and rail loading/offloading facilities, marine structures maintenance, and repair, along with the manufacture and sale of precision-engineered specialty tank products like geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals.