Matrix Service cuts FY25 revenue view to $850M-$900M from $900M-$950M

Consensus $914.52M. The company said, “The following forward-looking guidance reflects the Company’s current expectations and beliefs as of February 5, 2025. Various factors outside of the Company’s control may impact the Company’s revenue and business. This includes the timing of project awards and starts which may be impacted by market fundamentals, client decision-making, federal policy uncertainty, and the associated regulatory environment. The following statements apply only as of the date of this disclosure and are expressly qualified in their entirety by the cautionary statements included elsewhere in this document.”