Matrix Service (MTRX) Reports Q2 Loss, Lags Revenue Estimates
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Matrix Service (MTRX) reported a Q2 loss of $0.20 per share, which was better than the Zacks Consensus Estimate of a $0.23 loss. However, the company lagged in revenue estimates.
February 05, 2025 | 11:45 pm
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Matrix Service reported a Q2 loss of $0.20 per share, better than expected but worse than last year's $0.18 loss. The company missed revenue estimates.
Matrix Service's Q2 loss was smaller than expected, which is positive, but the miss on revenue estimates could offset this. The stock may experience mixed reactions as investors weigh these factors.
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