StocksMedium•4 November 2026•
1 min read
Matrix Service Reports $6.2 Million Net Income in Fiscal Q1 2027
Key Facts
1Matrix Service Company announced financial results for the first quarter of fiscal 2027 ended September 30, 2026.
Matrix Service Company reported net income of $6.2 million, or $0.22 per diluted share, for the first quarter of fiscal 2027 ended September 30, 2026. According to a statement released via GlobeNewswire, these results reflect a return to profitability compared to a net loss of $3.7 million in the same quarter of the previous fiscal year, with gross profit reaching $18.1 million.
Storage and Terminal Solutions segment revenue increased 12% to $122.9 million due to higher volumes in specialty tanks, while Utility and Power Infrastructure revenue decreased 21% to $59.1 million. MTRX closed at $9.56 on November 3, 2026, with the stock trading between a low of $9.37 and a high of $9.66 during that session.