Matrix Service non-GAAP EPS of $0.23 beats by $0.05, revenue of $219.4M misses by $20.38M
FROM THE WIRE · SEEKINGALPHA.COM
Matrix Service Q1 earnings: EPS beat, EBITDA jumped, and backlog stayed strong despite a revenue miss.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMixed quarterly results, with EPS above expectations but revenue below, relevant for this small/mid-cap stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Matrix Service reported non-GAAP EPS of $0.23, beating estimates by $0.05.
- 02Revenue of $219.4 million missed estimates by $20.38 million.
- 03The quarter showed a sharp EBITDA increase and a strong backlog.