Matrix Service Reports Q2 Loss, Revenue Up - MTRX

[Para 1: The Lead] Matrix Service Co. (MTRX) reported a fiscal Q2 loss of $894,000, or 3 cents per share, adjusted for restructuring costs, down from 2 cents per share in the same period last year. The company's revenue for the quarter was $210.5 million, a 10% increase from the previous quarter. [Para 2-3: Supporting details & Context] In a statement, Matrix Service forecasted full-year revenue between $875 million and $925 million, reflecting confidence in its business outlook. The energy services firm, based in Tulsa, Oklahoma, saw a surge in revenue, driven by increased demand for its services. Matrix Service Co. continues to navigate challenges in the energy sector while maintaining a focus on growth and profitability.