About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Why Matrix Service (MTRX) Stock Is Up Today

By: StockStory

MTRX Cover Image

What Happened?

Shares of industrial construction and maintenance company Matrix Service (NASDAQ: MTRX) jumped 4.2% in the afternoon session after the broader industrial sector rallied on positive economic news, including a favorable inflation report that boosted hopes for a Federal Reserve interest rate cut. The positive sentiment was driven by a weaker-than-expected Consumer Price Index (CPI) report, which eased inflation concerns. This development has increased market expectations for the Fed to lower interest rates, a move that would reduce borrowing costs and potentially stimulate economic activity. Such conditions are particularly beneficial for cyclical sectors like industrials, which are sensitive to capital investment. Further bolstering investor confidence was an agreement to extend the U.S.-China tariff truce, alleviating worries about trade disruptions and encouraging a "risk-on" appetite in the market.

The shares closed the day at $15.23, up 3.7% from previous close.

Is now the time to buy Matrix Service? Access our full analysis report here, it’s free.

What Is The Market Telling Us

Matrix Service’s shares are very volatile and have had 20 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The biggest move we wrote about over the last year was 11 months ago when the stock gained 22.4% on the news that the company reported second-quarter earnings results. Matrix Services provided optimistic full-year revenue guidance, which blew past analysts' expectations. Management called out strong demand and bidding activities in its core markets. Notably, it recorded a book-to-bill ratio of 1.5x (up from 1.1x in the previous quarter). This means that for every dollar of revenue generated, the business secured $1.50 in new orders, indicating growth in future work. Profitability ratios also improved, with its adjusted EBITDA and EPS outperforming Wall Street's estimates despite a revenue miss. Adding to the positive aspect, the company worked on several large, multi-year projects, which boosted cash inflows, resulting in a free cash flow margin of 24% (up from a 2.5% margin in the previous year). Overall, we think this was a decent quarter, outlining a robust pipeline of growth opportunities to be executed soon.

Matrix Service is up 26.2% since the beginning of the year, and at $15.20 per share, it is trading close to its 52-week high of $15.82 from July 2025. Investors who bought $1,000 worth of Matrix Service’s shares 5 years ago would now be looking at an investment worth $1,456.

Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.

More News

View More
Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
Via MarketBeat
Tickers BSET ETD HVT
AST SpaceMobile's Big Win: Shares Soar on New Deal With Verizon
Via MarketBeat
Tickers ASTS JOBY RGTI T VOD VZ
Catch the Next Bitcoin Rally With These 3 ETFs
Via MarketBeat
Topics ETFs
Tickers BITQ FBTC IBIT
MarketBeat Week in Review – 10/06 - 10/10
Via MarketBeat
Topics Economy
Tickers ACHR AMD AMZN AVGO CELH CRWV
3 Heavily Shorted Stocks That Could Pop on Rate Cuts
Via MarketBeat
Topics Artificial Intelligence Economy
Tickers ETSY SMR SOUN
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.