Why Matrix Service Stock Dived by Almost 14% on Wednesday

Matrix Services (NASDAQ: MTRX) stock couldn't surmount the hump that was Hump Day. On the back of a quarterly earnings report that didn't meet expectations, the shares were unpopular and ultimately closed the day nearly 14% lower. And that was during a trading session that saw the S&P 500 (SNPINDEX: ^GSPC) rise by 0.3%.For its fiscal fourth quarter of 2025, Matrix earned revenue of just over $216 million, for a 14% increase year over year. The dynamic was notably different on the bottom line, however, as the company exactly doubled its non-GAAP (generally accepted accounting principles) adjusted net loss over that stretch. It came in at $7.8 million ($0.28 per share) against the $3.9 million deficit of last year's fourth quarter. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool