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Why Matrix Service (MTRX) Shares Are Trading Lower Today
Yahoo Finance· 2025-11-07 00:36
What Happened? Shares of industrial construction and maintenance company Matrix Service (NASDAQ:MTRX) fell 8.5% in the morning session after the company reported mixed results for its third quarter of 2025. While revenue grew 28% year-over-year to $211.9 million, beating analyst expectations, the company posted an adjusted loss of $0.01 per share, which missed the consensus forecast for a profit of $0.02. Furthermore, profitability metrics disappointed investors, with adjusted EBITDA falling 45.3% short o ...