• Matrix Service Company reported fiscal 2026 third-quarter net income of $0.8 million, or $0.03 per diluted share, returning to profit from a year-earlier net loss of $3.4 million.
• Revenue rose 3.25% to $206.7 million.
• Total backlog was $1.03 billion at March 31, 2026, with quarterly awards of $108.3 million driving a 0.5x book-to-bill ratio.
• Management cited client-related engineering and permitting delays, severe weather, and a $3 million restructuring charge tied to the CEO transition and a lease impairment.
• Fiscal 2026 revenue guidance was cut to $870 million-$890 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Matrix Service Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000866273-26-000024), on May 06, 2026, and is solely responsible for the information contained therein.