Matrix Service Company achieves third consecutive profitable quarter and approves $25 million share repurchase
SCI Service Corp International
$73.17 -0.77%
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- 1Matrix Service Company recorded a net income of $6.2 million in Q1 2027, achieving profitability for the third consecutive quarter.
- 2Matrix Service Company recorded revenue of $219.4 million in Q1 2027.
- 3Matrix Service Company approved a new share repurchase program of $25 million.
So what's the key point?
Matrix Service Company has made a profit for three quarters in a row. The company decided to buy back $25 million worth of its own shares.
Source The Motley Fool +1 · View original ↗
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