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.