Benzinga | Sep 2, 2020 04:18PM EDT

Matrix Service Q4 EPS $(0.22) Down From $0.47 YoY, Sales $195.80M Miss $244.43M Estimate

Matrix Service (NASDAQ:MTRX) reported quarterly losses of $(0.22) per share. This is a 146.81 percent decrease over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $195.80 million which missed the analyst consensus estimate of $244.43 million by 19.90 percent. This is a 50.89 percent decrease over sales of $398.71 million the same period last year.