Matrix Service (MTRX) Restructuring Costs (2020 - 2023)

Matrix Service has disclosed Restructuring Costs across 4 years of filings, most recently posting $261000.0 for Q2 2023.

• In Q2 2023, Restructuring Costs fell 71.75% year-over-year to $261000.0; the TTM figure through Mar 2024 stood at $261000.0 (down 93.14% YoY), while the FY2023 annual figure was $3.1 million, up 386.38% from the prior year.
• Restructuring Costs eased to $261000.0 in Q2 2023, from $316000.0 in the prior quarter.
• Over the last five years, Restructuring Costs for MTRX reached as high as $14.0 million in Q2 2020 and fell as low as -$1.6 million in Q1 2022.
• The 4-year median for Restructuring Costs is $809500.0 (2021), against an average of $2.2 million.
• The widest YoY moves for Restructuring Costs: up 440.35% in 2022, down 184.84% in 2022.
• A 4-year view of Restructuring Costs shows it stood at $5.0 million in 2020, then sank by 86.22% to $695000.0 in 2021, then surged by 83.88% to $1.3 million in 2022, then slumped by 79.58% to $261000.0 in 2023.
• According to Business Quant data, Restructuring Costs over the past three periods registered $261000.0, $316000.0, and $1.3 million for Q2 2023, Q1 2023, and Q4 2022 respectively.