Matrix Service CO

Matrix Service Company announces the election of Shawn P. Payne to its Board of Directors, effective July 1, 2026, coinciding with his role as President and CEO.

Matrix Service Company announced its fiscal 2026 third quarter financial results, reporting a return to profitability with $0.8 million net income.

Matrix Service Company is restructuring its executive team, including the departure of its CFO and Chief Administrative Officer, following the appointment of a new CEO.

Matrix Service Company announced improved second quarter fiscal 2026 financial results, including increased revenue and reduced net loss, while reaffirming its full-year revenue guidance.

Matrix Service Company announced the resignation of Douglas J. Montalbano as President of its union operating subsidiary, Matrix NAC, effective January 16, 2026.

Matrix Service Company announced improved first quarter fiscal 2026 financial results, driven by increased revenue and significant reductions in net loss and adjusted net loss per share.

Matrix Service Company reported a net income of $0.8 million for the third quarter of fiscal year 2026, marking a return to profitability compared to a net loss in the prior year, driven by improved project execution and cost reductions.

Matrix Service Company reported a significantly reduced net loss in Q2 FY26, driven by revenue growth and improved segment performance, alongside a planned CEO transition.

Matrix Service Company announced a 28% revenue increase and a 60% reduction in net loss for Q1 fiscal 2026, driven by LNG and power infrastructure projects.

Matrix Service Company's Q3 fiscal 2025 shows revenue growth and a strong backlog, driven by increased activity in Storage and Terminal Solutions and Utility and Power Infrastructure segments.

Matrix Service Company's recent 10-Q filing reveals a net loss, with revenue fluctuations across its Storage and Terminal Solutions, Utility and Power Infrastructure, and Process and Industrial Facilities segments.

Matrix Service Company's first quarter of fiscal year 2025 saw a decrease in revenue compared to the previous year, despite maintaining a robust backlog and strong liquidity.

Matrix Service Company reported a 6% revenue increase to $769.3 million for fiscal 2025, alongside a net loss of $29.5 million, as it navigates macroeconomic uncertainties and strategic restructuring.

Matrix Service Company's fiscal year 2024 saw a significant increase in backlog to $1.4 billion, driven by strong project awards, despite a decrease in overall revenue.

Justin D. Sheets, SVP of Enterprise Services at Matrix Service Co, reported a sale of 16,991 shares of common stock.

Matrix Service Co. CFO Kevin S. Cavanah sold a significant number of company shares under a pre-arranged trading plan, with transactions occurring on June 4th and 5th, 2026.

Matrix Service Co's VP Finance & CFO, Kevin S. Cavanah, sold 60,000 shares of common stock for approximately $773,400 under a pre-arranged Rule 10b5-1 trading plan.

Matrix Service Co. President & CEO John R. Hewitt reported a sale of 36,000 shares of common stock on May 8, 2026, for an average price of $12.50 per share.

Nancy E. Austin, VP and Chief Admin Officer of Matrix Service Co., sold 4,193 shares of common stock for approximately $47,340 on February 18, 2026.

Shawn P. Payne, President of Engineering & Construction at Matrix Service Co., sold 5,231 shares of common stock for $11.421 per share.

Matrix Service Company urges stockholders to approve an increase in its equity incentive plan, countering a negative recommendation from Institutional Shareholder Services (ISS).

Matrix Service Company has issued a supplement to its proxy statement, revising the estimated dilution impact of its 2020 Stock and Incentive Compensation Plan by presenting performance share unit awards at target achievement levels.

Matrix Service Company issued a supplement to its proxy statement, clarifying voting standards for several proposals ahead of its November 4, 2025 Annual Meeting.

Matrix Service Company has filed a Definitive Proxy Statement with the SEC.

Matrix Service Company will hold its 2025 Annual Meeting virtually on November 4, 2025, seeking shareholder approval for director elections, executive compensation, a new employee stock purchase plan, and an increase in its stock incentive plan share reserve.

Matrix Service Company has filed a definitive proxy statement with the SEC.

The Vanguard Group has filed an amended Schedule 13G, reporting zero beneficial ownership in Matrix Service Co following an internal realignment.

BlackRock, Inc. has increased its beneficial ownership in Matrix Service Company to 12.4% of common stock, holding 3,493,231 shares.

Harvey Partners, LLC has disclosed a 4.4% beneficial ownership stake in Matrix Service Company as of June 30, 2025, holding 1,221,762 shares.

BlackRock, Inc. has filed an amended Schedule 13G, reporting a 10.6% passive beneficial ownership stake in Matrix Service Company as of March 31, 2025.

Azarias Capital Management, L.P. has filed an amended Schedule 13G, reporting a reduction in its beneficial ownership of Matrix Service Co common stock to 4.4% as of December 31, 2024.

Azarias Capital Management, L.P. has filed an amended Schedule 13G, correcting its beneficial ownership in Matrix Service Co to 1,435,569 shares, representing 5.2% of the common stock, as of September 30, 2024.