Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Jose Luis de Bustamante was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 02
Matrix Service Company Announces Departure of Kevin Cavanah as CFO Matrix Service Company announced that Kevin Cavanah, Vice President of Finance and Chief Financial Officer, will depart the Company following the filing of the Company’s fiscal 2026 Annual Report. He will continue to serve in his role as Chief Financial Officer through that time to support an orderly transition. Matrix has retained a leading executive search firm to conduct a comprehensive search for its next Chief Financial Officer. The planned departure of Mr. Cavanah is not related to any disagreement with the Company on any matter relating to its accounting practices, financial statements, internal controls or operations. Tillkännagivande • Apr 22
Matrix Service Company to Report Q3, 2026 Results on May 06, 2026 Matrix Service Company announced that they will report Q3, 2026 results at 4:00 PM, US Eastern Standard Time on May 06, 2026 Tillkännagivande • Jan 21
Matrix Service Company to Report Q2, 2026 Results on Feb 05, 2026 Matrix Service Company announced that they will report Q2, 2026 results After-Market on Feb 05, 2026 Tillkännagivande • Nov 06
Matrix Service Company Reaffirms Financial Guidance for the Fiscal Year 2026 Matrix Service Company reaffirmed financial guidance for the fiscal year 2026. The company reaffirms full year revenue guidance of between $875 million and $925 million, an increase of 14% - 20%. Tillkännagivande • Oct 22
Matrix Service Company to Report Q1, 2026 Results on Nov 05, 2025 Matrix Service Company announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025 Tillkännagivande • Sep 25
Matrix Service Company, Annual General Meeting, Nov 04, 2025 Matrix Service Company, Annual General Meeting, Nov 04, 2025. Tillkännagivande • Sep 10
Matrix Service Company Provides Revenue Guidance for the Fiscal Year 2026 Matrix Service Company provided revenue guidance for the fiscal year 2026. For the year, the company expects revenue to be between $875 million and $925 million, implied growth of 17% year-over-year to the midpoint of the range. Tillkännagivande • Aug 27
Matrix Service Company to Report Q4, 2025 Results on Sep 09, 2025 Matrix Service Company announced that they will report Q4, 2025 results After-Market on Sep 09, 2025 Tillkännagivande • May 08
Matrix Service Company Updates Earnings Guidance for the Fiscal Year 2025 Matrix Service Company updated earnings guidance for the fiscal year 2025. For the period, the company expects revenue to be in the range of $770 million to $800 million against previously forecasted guidance of $850 million to $900 million. Tillkännagivande • Apr 30
Matrix Service Company to Report Q3, 2025 Results on May 07, 2025 Matrix Service Company announced that they will report Q3, 2025 results After-Market on May 07, 2025 Tillkännagivande • Feb 06
Matrix Service Company Updates Earnings Guidance for the Fiscal Year 2025 Matrix Service Company updated earnings guidance for the fiscal year 2025. The company expects revenue to be in the range of $850 million to $900 million against previously forecasted guidance of $900 million to $950 million. As a result, the company is lowered full-year revenue forecast by approximately 5% at the midpoint of guided range, as approximately $50 million in projected revenue was pushed from fiscal 2025 to fiscal 2026. Looking ahead, the company continue to expect a return to profitability during the second half of fiscal 2025. The company anticipated more than 40% year-over-year revenue growth in the second half of fiscal 2025, when compared to the second half of fiscal 2024, and expect to deliver a book-to-bill ratio of at least 1.0x for the full year fiscal 2025. Tillkännagivande • Jan 22
Matrix Service Company to Report Q2, 2025 Results on Feb 05, 2025 Matrix Service Company announced that they will report Q2, 2025 results After-Market on Feb 05, 2025 Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Jose Luis de Bustamante was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 08
First quarter 2025 earnings released: US$0.34 loss per share (vs US$0.12 loss in 1Q 2024) First quarter 2025 results: US$0.34 loss per share (further deteriorated from US$0.12 loss in 1Q 2024). Revenue: US$165.6m (down 16% from 1Q 2024). Net loss: US$9.22m (loss widened 191% from 1Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Nov 07
Matrix Service Company Reaffirms Revenue Guidance for the Fiscal Year 2025 Matrix Service Company reaffirmed revenue guidance for the fiscal year 2025. The Company reaffirmed revenue guidance it issued on September 9, 2024, with fiscal year 2025 revenue expected to be in the range of $900 million to $950 million. Tillkännagivande • Oct 22
Matrix Service Company to Report Q1, 2025 Results on Nov 06, 2024 Matrix Service Company announced that they will report Q1, 2025 results After-Market on Nov 06, 2024 Tillkännagivande • Sep 26
Matrix Service Company, Annual General Meeting, Nov 05, 2024 Matrix Service Company, Annual General Meeting, Nov 05, 2024. New Risk • Sep 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Tillkännagivande • Sep 11
Matrix Service Company Provides Earnings Guidance for the Fiscal Year 2025 Matrix Service Company provided earnings guidance for the fiscal year 2025. For the year, the company expects Revenue between $900 and $950 million. Reported Earnings • Sep 10
Full year 2024 earnings released: US$0.91 loss per share (vs US$1.94 loss in FY 2023) Full year 2024 results: US$0.91 loss per share (improved from US$1.94 loss in FY 2023). Revenue: US$728.2m (down 8.4% from FY 2023). Net loss: US$25.0m (loss narrowed 52% from FY 2023). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Sep 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to €8.25. The fair value is estimated to be €10.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 15% in a year. Earnings are forecast to grow by 87% in the next year. Tillkännagivande • Aug 27
Matrix Service Company to Report Q4, 2024 Results on Sep 09, 2024 Matrix Service Company announced that they will report Q4, 2024 results After-Market on Sep 09, 2024 Buy Or Sell Opportunity • Jul 16
Now 21% overvalued Over the last 90 days, the stock has fallen 20% to €8.75. The fair value is estimated to be €7.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 15% in a year. Earnings are forecast to grow by 87% in the next year. New Risk • May 10
New major risk - Revenue and earnings growth Earnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Significant insider selling over the past 3 months (€169k sold). Reported Earnings • May 09
Third quarter 2024 earnings released: US$0.53 loss per share (vs US$0.47 loss in 3Q 2023) Third quarter 2024 results: US$0.53 loss per share (further deteriorated from US$0.47 loss in 3Q 2023). Revenue: US$166.0m (down 11% from 3Q 2023). Net loss: US$14.6m (loss widened 15% from 3Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 09
Matrix Service Company Provides Revenue Guidance for the Fourth Quarter of Fiscal 2024 Matrix Service Company provided revenue guidance for the fourth quarter of fiscal 2024. On an overall basis, the quality of the Company’s backlog remains strong, and its revenue is expected to increase in the fourth quarter as the backlog converts to revenue. Tillkännagivande • Apr 26
Matrix Service Company to Report Q3, 2024 Results on May 08, 2024 Matrix Service Company announced that they will report Q3, 2024 results After-Market on May 08, 2024 Recent Insider Transactions • Mar 22
CEO, President & Director recently sold €122k worth of stock On the 20th of March, John Hewitt sold around 10k shares on-market at roughly €12.20 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. John has been a net seller over the last 12 months, reducing personal holdings by €207k. New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Significant insider selling over the past 3 months (€103k sold). Reported Earnings • Feb 08
Second quarter 2024 earnings released: US$0.10 loss per share (vs US$1.22 loss in 2Q 2023) Second quarter 2024 results: US$0.10 loss per share (improved from US$1.22 loss in 2Q 2023). Revenue: US$175.0m (down 9.7% from 2Q 2023). Net loss: US$2.85m (loss narrowed 91% from 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year. Tillkännagivande • Jan 25
Matrix Service Company to Report Q2, 2024 Results on Feb 07, 2024 Matrix Service Company announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2024 Recent Insider Transactions • Dec 08
VP, General Counsel recently sold €103k worth of stock On the 5th of December, Justin Sheets sold around 11k shares on-market at roughly €9.39 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €188k more than they bought in the last 12 months. Reported Earnings • Nov 10
First quarter 2024 earnings released: US$0.12 loss per share (vs US$0.24 loss in 1Q 2023) First quarter 2024 results: US$0.12 loss per share (improved from US$0.24 loss in 1Q 2023). Revenue: US$197.7m (down 5.2% from 1Q 2023). Net loss: US$3.17m (loss narrowed 51% from 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Tillkännagivande • Oct 26
Matrix Service Company to Report Q1, 2024 Results on Nov 08, 2023 Matrix Service Company announced that they will report Q1, 2024 results After-Market on Nov 08, 2023 Recent Insider Transactions • Oct 05
CEO, President & Director recently sold €85k worth of stock On the 29th of September, John Hewitt sold around 8k shares on-market at roughly €11.34 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Tillkännagivande • Sep 13
Matrix Service Company, Annual General Meeting, Nov 14, 2023 Matrix Service Company, Annual General Meeting, Nov 14, 2023. Tillkännagivande • Sep 12
An unknown buyer acquired Industrial cleaning business from Matrix Service Company (NasdaqGS:MTRX). An unknown buyer acquired Industrial cleaning business from Matrix Service Company (NasdaqGS:MTRX) in FQ4 2023.
An unknown buyer completed the acquisition of Industrial cleaning business from Matrix Service Company (NasdaqGS:MTRX) in FQ4 2023. Reported Earnings • Sep 12
Full year 2023 earnings released: US$1.94 loss per share (vs US$2.39 loss in FY 2022) Full year 2023 results: US$1.94 loss per share (improved from US$2.39 loss in FY 2022). Revenue: US$795.0m (up 12% from FY 2022). Net loss: US$52.4m (loss narrowed 18% from FY 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Jose Luis de Bustamante was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Tillkännagivande • Aug 22
Matrix Service Company to Report Q4, 2023 Results on Sep 11, 2023 Matrix Service Company announced that they will report Q4, 2023 results After-Market on Sep 11, 2023 Reported Earnings • Feb 10
Second quarter 2023 earnings released: US$1.22 loss per share (vs US$0.93 loss in 2Q 2022) Second quarter 2023 results: US$1.22 loss per share (further deteriorated from US$0.93 loss in 2Q 2022). Revenue: US$193.8m (up 20% from 2Q 2022). Net loss: US$32.8m (loss widened 32% from 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Tillkännagivande • Feb 10
Matrix Service Company Reports Goodwill Impairment for the Second Quarter Ended December 31, 2022 Matrix Service Company reported goodwill impairment for the second quarter ended December 31, 2022. For the quarter, the company reported Goodwill impairment of $12.316 million. Tillkännagivande • Jan 25
Matrix Service Company to Report Q2, 2023 Results on Feb 07, 2023 Matrix Service Company announced that they will report Q2, 2023 results After-Market on Feb 07, 2023 Tillkännagivande • Oct 02
Matrix Service Company Receives Nasdaq Notice on Late Filing of Its Form 10-K Matrix Service Company announced that, as expected, it has received a notice from Nasdaq on September 29, 2022, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company's Annual Report on Form 10-K for the year ended June 30, 2022 (“Fiscal Year 2022 10-K) was not filed with the Securities and Exchange Commission by the required due date of September 28, 2022. This Notice received from Nasdaq has no immediate effect on the listing or trading of the Company's shares. Nasdaq has provided the Company with 60 calendar days, until November 28, 2022, to submit a plan to regain compliance. If Nasdaq accepts the Company's plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date for the filing of the Fiscal Year 2022 10-K as well as any subsequent periodic filings that may be due, or March 27, 2023, to regain compliance. The Company expects and intends to submit to Nasdaq the compliance plan by November 28, 2022. The Company continues to work diligently to complete its Fiscal Year 2022 10-K and continues to target filing the 10-K with the SEC in early October 2022, with subsequent periodic filings made on-time, after which the Company anticipates maintaining compliance with its SEC reporting obligations and Nasdaq listing requirements. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. Tillkännagivande • Sep 13
Matrix Service Company announced delayed annual 10-K filing On 09/12/2022, Matrix Service Company announced that they will be unable to file their next 10-K by the deadline required by the SEC. Tillkännagivande • Aug 31
Matrix Service Company to Report Q4, 2022 Results on Sep 12, 2022 Matrix Service Company announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Sep 12, 2022 Tillkännagivande • Jun 18
An undisclosed buyer entered into an agreement to acquire Matrix Service Company facilities in Orange CA for $37.6 million. An undisclosed buyer entered into an agreement to acquire Matrix Service Company facilities in Orange CA for $37.6 million on June 9, 2022. The acquisition includes fabrication facility, regional offices and warehouse. The closing under the Purchase and Sale Agreement is scheduled to take place on June 22, 2022. Tillkännagivande • May 17
Matrix Service Company Appoints Jose Luis Martin De Bustamante to Its Board of Directors Matrix Service Company announced the addition of Jose Luis Martin de Bustamante to the Company’s Board of Directors. Prior to his retirement from Fluor Corporation in 2020, Bustamante served as Executive Vice President and Chief Commercial Officer with responsibility for sales, marketing, and strategic planning, as well as communications, community and government relations. Reported Earnings • May 11
Third quarter 2022 earnings released: US$1.30 loss per share (vs US$0.48 loss in 3Q 2021) Third quarter 2022 results: US$1.30 loss per share (down from US$0.48 loss in 3Q 2021). Revenue: US$177.0m (up 19% from 3Q 2021). Net loss: US$34.9m (loss widened 171% from 3Q 2021). Over the next year, revenue is forecast to grow 17%, compared to a 5.6% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 10
Matrix Service Company Reports Impairment Charges for the Third Quarter Ended March 31, 2022 Matrix Service Company reported impairment charges for the third quarter ended March 31, 2022. In the third quarter, the company recorded a non-cash impairment to goodwill of $18.3 million. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Carlin Conner was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 08
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: US$0.93 loss per share (down from US$0.17 loss in 2Q 2021). Revenue: US$162.0m (down 3.3% from 2Q 2021). Net loss: US$24.9m (loss widened 443% from 2Q 2021). Revenue missed analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 23%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Dec 29
CEO, President & Director recently bought €93k worth of stock On the 23rd of December, John Hewitt bought around 15k shares on-market at roughly €6.18 per share. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Carlin Conner was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
First quarter 2022 earnings released: US$0.66 loss per share (vs US$0.12 loss in 1Q 2021) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2022 results: Revenue: US$168.1m (down 8.0% from 1Q 2021). Net loss: US$17.5m (loss widened 478% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 15
Full year 2021 earnings released: US$1.18 loss per share (vs US$1.24 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: US$673.4m (down 39% from FY 2020). Net loss: US$31.2m (loss narrowed 5.6% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Reported Earnings • May 12
Third quarter 2021 earnings released: US$0.48 loss per share (vs US$0.21 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$148.3m (down 40% from 3Q 2020). Net loss: US$12.9m (loss widened 134% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 09
New 90-day high: €12.40 The company is up 54% from its price of €8.05 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.23 per share. Reported Earnings • Feb 10
Second quarter 2021 earnings released: US$0.17 loss per share (vs US$1.04 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: US$167.5m (down 47% from 2Q 2020). Net loss: US$4.59m (loss narrowed 84% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 10
Revenue misses expectations Revenue missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 2.9%, compared to a 5.6% growth forecast for the Construction industry in Germany. Tillkännagivande • Feb 10
American Pacific Borates Limited Appoints Matrix Service Company for Construction Company for Fort Cady Borate Mine American Pacific Borates Limited announced that Matrix Service Company has been appointed prime contractor to complete the construction of Phase 1A of the Fort Cady Borate Mine. Matrix through its subsidiaries, is a leading North American industrial engineering and construction contractor headquartered in Tulsa, Okla with offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea. The company has a focus on sustainability, building strong Environment and Social and Governance (ESG) practices. Matrix ranks among the Top 100 Contractors by Engineering-News Record, was recognised for its Board diversification by 2020 Women on Boards, is an active signatory to CEO Action for Diversity and Inclusion, and is consistently recognised as a Great Place to Work®. Matrix has begun integration with ABR's Fort Cady Borate Mine office and engineering consultants to ensure completion of the initial borate operation in third quarter, year 2021. ABR's current intention is to retain Matrix for the balance of the three production phases of the Fort Cady Borate Mine. Is New 90 Day High Low • Jan 14
New 90-day high: €12.00 The company is up 71% from its price of €7.00 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.70 per share. Is New 90 Day High Low • Dec 24
New 90-day high: €9.00 The company is up 36% from its price of €6.60 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.28 per share. Is New 90 Day High Low • Nov 19
New 90-day high: €8.40 The company is up 5.0% from its price of €8.00 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.45 per share. Reported Earnings • Nov 07
First quarter 2021 earnings released: US$0.12 loss per share The company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: US$182.8m (down 46% from 1Q 2020). Net loss: US$3.04m (down 149% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue misses expectations Revenue missed analyst estimates by 20%. Over the next year, revenue is expected to shrink by 6.0% compared to a 17% decline forecast for the Energy Services industry in Germany. Is New 90 Day High Low • Oct 30
New 90-day low: €6.15 The company is down 15% from its price of €7.20 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.93 per share. Tillkännagivande • Oct 28
Matrix Service Company to Report Q1, 2021 Results on Nov 04, 2020 Matrix Service Company announced that they will report Q1, 2021 results on Nov 04, 2020 Tillkännagivande • Aug 06
Matrix Service Company to Report Q4, 2020 Results on Sep 02, 2020 Matrix Service Company announced that they will report Q4, 2020 results on Sep 02, 2020