Limbach Holdings

Limbach Holdings, Inc. engages in the provision of commercial specialty contractor services in the areas of heating, ventilation, air-conditioning (HVAC), plumbing, electrical and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates through the Construction and Service segments. The Construction segment manages large construction or renovation projects that involve primarily HVAC, plumbing, or electrical services. The Service segment offers maintenance or service on HVAC, plumbing, or electrical systems. The company was founded in 1901 and is headquartered in Warrendale, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Limbach Holdings surpasses earnings expectations, eyes strategic growth opportunities

Limbach Holdings delivered strong financial performance in Q4 2022, exceeding EBITDA guidance.
Strategic initiatives focus on margin expansion, disciplined acquisitions, and customer value creation.
Challenges include supply chain delays, legacy matters, and managing increased SG&A expenses.
Opportunities lie in ODR revenue growth, favorable industry outlook, and selective acquisitions.

Limbach Holdings excels in Q1 2023, eyes growth through acquisitions

Limbach Holdings' Q1 2023 showcased strong performance and strategic focus on growth drivers.
Despite challenges like increased SG&A expenses, the company is well-positioned for expansion.
Opportunities lie in leveraging segment growth, acquisitions, and value-driven customer engagement.
Maintaining financial guidance reaffirms confidence in achieving revenue and EBITDA targets for 2023.

Limbach Holdings reports robust Q2 results, raises guidance for 2023

Limbach Holdings' Q2 2023 earnings call showcased strong financial performance, increased guidance, and strategic initiatives driving growth.
While facing potential challenges like dilution concerns and market uncertainties, the company's focus on quality and strategic acquisitions positions it well for the future.
Investors should monitor the company's execution of its strategic drivers and its ability to capitalize on opportunities in mission-critical vertical markets.

Limbach Holdings excels in Q3 with strong growth and strategic acquisitions

Limbach Holdings delivered robust financial results in Q3, driven by margin expansion, revenue growth, and strategic acquisitions.
While facing challenges like rising expenses, the company remains well-positioned to leverage market opportunities and drive long-term profitability.
Strategic focus on high-margin segments and selective project execution align with the company's growth objectives and commitment to shareholder value creation.
With a strong cash position, increased guidance, and market support, Limbach Holdings is poised for sustained growth and value enhancement.

Limbach Holdings (LMB) excels in Q4 2023, eyes ODR growth

Limbach Holdings (LMB) delivered a strong performance in Q4 2023, with notable achievements in ODR revenue growth and gross margin expansion.
The company's strategic focus on system solutions, ODR business, and acquisitions has positioned it well for future growth and profitability.
While facing challenges such as managing SG&A expenses and operational complexities, LMB has opportunities to leverage its strengths for sustained success.

Limbach Holdings excels in Q1 with ODR focus and profit growth

Limbach Holdings' Q1 2024 performance reflects a successful shift towards ODR, driving improved profitability and cash flow.
While facing challenges in revenue decline and rising expenses, the company's strategic focus on ODR and margin expansion presents growth opportunities.
With a strong financial foundation and ambitious targets for 2024, Limbach is poised for continued success in the construction industry.
Investors should take note of the company's impressive growth in net income, free cash flow, and adjusted EBITDA, signaling positive momentum.

Limbach Holdings (LMB) reports strong Q3 earnings driven by ODR success and strategic acquisitions

Limbach Holdings (LMB) excelled in Q3 with robust financial performance driven by ODR revenue growth and strategic acquisitions. Despite challenges in managing expenses, the company maintains a strong balance sheet and sees opportunities for further growth through acquisitions and enhanced offerings.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Limbach Holdings, Inc. engages in the provision of commercial specialty contractor services in the areas of heating, ventilation, air-conditioning, plumbing, electrical and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates through the General Contractor Relationships and Owner Direct Relationships segments. The General Contractor Relationships segment manages new construction or renovation projects that involve primarily HVAC, plumbing, or electrical services. The Owner Direct Relationships segment provides maintenance or services primarily on HVAC, plumbing or electrical systems, building controls and specialty contracting projects. The company was founded in 1901 and is headquartered in Warrendale, PA.

WILMINGTON, Del.--(BUSINESS WIRE)--Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Limbach Holdings, Inc. (“Limbach” or the “Company”)(NASDAQCM: LMB). If you currently own shares of Limbach and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.

LIMBACH (LMB) SHAREHOLDER INVESTIGATION ALERT - Andrews & Springer LLC Is Investigating Limbach Holdings, Inc. For Potential Securities Violations and Breaches of Fiduciary Duty

Limbach Holdings, Inc. (NASDAQ:LMB ) Q4 2022 Earnings Conference Call March 9, 2023 9:00 AM ET Company Participants Jeremy Hellman - IR Charlie Bacon - President and CEO Jayme Brooks - CFO Michael McCann - COO and Incoming-CEO Conference Call Participants Rob Brown - Lake Street Capital Chip Moore - EF Hutton Operator Greetings, and welcome to Limbach Holdings Fourth Quarter and Full Year 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Limbach Holdings, Inc. (LMB) Q4 2022 Earnings Call Transcript

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the year ended December 31, 2022. The Company reported consolidated revenue of $496.8 million, with the ODR segment revenue accounting for 43.6% of the consolidated total, up from 28.6% in the comparable period. Net income for the full year was $6.8 million, with diluted EPS of $0.64. Adjusted EBITDA was $31.8 million, up 36.5% from $23.

Limbach Holdings Reports Fourth Quarter and Fiscal Year 2022 Results

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced the Company will be releasing its fourth quarter 2022 financial results after the close of the stock market on Wednesday, March 8, 2023. The Company will also be hosting a conference call for investors and analysts the following morning at 9:00 a.m. ET. Conference Call Details Date: Thursday, March 9, 2023 Time: 9:00 a.m.

Limbach Holdings to Announce Fourth Quarter and Full Year 2022 Results

WARRENDALE, Pa.--( BUSINESS WIRE )--Limbach Holdings, Inc. (NASDAQ: LMB) ("Limbach" or the "Company") announced today the appointment of Michael M. McCann as Chief Executive Officer (“CEO”), effective March 29, 2023. Mr. McCann currently serves as Executive Vice President and Chief Operating Officer (“COO”) of Limbach, a role he has held since 2019. Mr. McCann will take over as CEO from Charlie Bacon, who has served as the Company's CEO since 2004. Mr. Bacon will continue to serve as a member of Limbach's Board of Directors until the Company's 2023 annual meeting of stockholders, at which time he will retire from the Board of Directors.

Limbach Announces Leadership Transition

Limbach Holdings is a material handling and engineering company. The list of engineering specializations is quite impressive, and the number of target markets is also significant. In my view, the current strategy that includes offering a wide range of services to all clients in the portfolio would most likely bring revenue growth.

Limbach Holdings: Stable Free Cash Flow Margins With Some Risks

Limbach Holdings, Inc. (NASDAQ:LMB ) Q3 2022 Earnings Conference Call November 10, 2022 9:00 AM ET Company Participants Jeremy Hellman - Investor Relations Charlie Bacon - President and Chief Executive Officer Jayme Brooks - Executive Vice President and Chief Financial Officer Michael McCann - Executive Vice President and Chief Operating Officer Matt Katz - Executive Vice President, Acquisitions and Capital Markets Conference Call Participants Rob Brown - Lake Street Capital Chip Moore - EF Hutton Gerry Sweeney - ROTH Capital Jon Old - Long Meadow Investors William Bremer - Vanquish Capital Partners Operator Greetings. And welcome to Limbach Holdings' Third Quarter 2022 Earnings Conference Call.

Limbach Holdings, Inc. (LMB) Q3 2022 Earnings Call Transcript

Limbach Holdings, Inc. Reports Third Quarter 2022 Results

Limbach Holdings to Announce Third Quarter 2022 Results

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced that its Board of Directors approved a share repurchase program with an authorization to purchase up to $2.0 million of shares of its Common Stock. Authorization of up to $2.0 Million in a Common Stock Repurchase Program Limbach's Board of Directors has authorized a share repurchase program, under which the Company is authorized to repurchase up to $2.0 million of its outstanding

Limbach Holdings Announces Share Repurchase Program Authorization

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB), an integrated building systems solutions firm whose expertise is in the design, modular prefabrication, installation, management and maintenance of heating, ventilation, air-conditioning (“HVAC”), mechanical, electrical, plumbing and controls systems, announced today that it will be participating in The Windy City Roundup, hosted by MicroCap Rodeo, on Thursday, October 13, at the Swissotel Chicago. Charlie Bacon, Chief Exec

Limbach Holdings, Inc. to Attend Windy City Roundup 2022

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB), an integrated building systems solutions firm whose expertise is in the design, modular prefabrication, installation, management and maintenance of heating, ventilation, air-conditioning (“HVAC”), mechanical, electrical, plumbing and controls systems, announced today that it will be participating in Lake Street's 6th Annual Best Ideas Growth Conference BIG6 on Wednesday, September 14, at the Yale Club in New York. Charlie B

Limbach Holdings, Inc. to Attend Lake Street's BIG6 Conference

Limbach Holdings' transformation is ahead of schedule. Management is executing its goals of increasing ODR revenue and improving GCR margins.

Limbach Holdings: Exciting Times Ahead

Limbach Holdings, Inc. (NASDAQ:LMB ) Q2 2022 Earnings Conference Call August 10, 2022 9:00 AM ET Company Participants Jeremy Hellman - Equity Group Charlie Bacon - President & Chief Executive Officer Jayme Brooks - Chief Financial Officer Michael McCann - Chief Operating Officer Matt Katz - Executive Vice President, Acquisitions & Capital Markets Conference Call Participants Rob Brown - Lake Street Capital Chip Moore - EF Hutton Jon Old - Long Meadow Investors George Melas - MKH Management Operator Greetings. And welcome to Limbach Holdings' Second Quarter 2022 Earnings Conference Call.

Limbach Holdings, Inc. (LMB) CEO Charlie Bacon on Q2 2022 Results - Earnings Call Transcript

Limbach (LMB) delivered earnings and revenue surprises of -25% and 11.36%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Limbach (LMB) Q2 Earnings and Revenues Lag Estimates

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) today announced its financial results for the quarter ended June 30, 2022. The company reported consolidated revenue of $116.1 million, which was a decrease of 4.0% compared to the second quarter of 2021. ODR segment revenue accounted for 42.9% of consolidated revenue in the second quarter of 2022, an increase of 48.7% over the second quarter of 2021, while contributing approximately 59.2% of consolidated gross profit. Conso

Limbach Holdings, Inc. Reports Second Quarter 2022 Results

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced the Company will be releasing its second quarter 2022 financial results after the close of the stock market on Tuesday, August 9, 2022. The Company will also be hosting a conference call for investors and analysts the following morning at 9:00 a.m. ET. Charlie Bacon, President and Chief Executive Officer, Jayme Brooks, Executive Vice President and Chief Financial Officer, Mike McC

Limbach Holdings to Announce Second Quarter 2022 Results

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) ("Limbach" or the "Company") announced today the appointment of Mr. Christos Ruci as Chief Information Officer. As a Company, our focus has been to increase value for our customers as part of our Owner-Direct business model. This strategic direction has required us to expand our partnerships and make decisions that invest in solutions designed to increase the effectiveness and efficiency of the business. Our technology, digi

Limbach Holdings Inc. Expands Technology Focus and Appoints Christos Ruci to Chief Information Officer

Presentation on Tuesday, June 7 at 8:30 AM PTWestlake Village, California--(Newsfile Corp. - May 24, 2022) - Limbach Holdings, Inc. (NASDAQ: LMB), an integrated building systems solutions firm whose expertise is in the design, modular prefabrication, installation, management and maintenance of heating, ventilation, air-conditioning ("HVAC"), mechanical, electrical, plumbing and controls systems, announced today that it will be presenting at the 12th annual Invitational on Tuesday, June 7, at 8:30 AM PT at the Four Seasons Westlake Village. Matt Katz, Executive Vice President -...

Limbach Holdings, Inc. to Present at the LD Micro Invitational

Limbach Holdings, Inc. (NASDAQ:LMB ) Q1 2022 Earnings Conference Call May 11, 2022 9:00 AM ET Company Participants Jeremy Hellman - CFA, Investor Relations Charlie Bacon - President and Chief Executive Officer Jayme Brooks - Executive Vice President and Chief Financial Officer Mike McCann - Executive Vice President and Chief Operating Officer Conference Call Participants Rob Brown - Lake Street Capital Chip Moore - EF Hutton Gerry Sweeney - ROTH Jon Old - Long Meadow Investors George Melas - MKH Management Operator Greetings. And welcome to Limbach Holdings' First Quarter 2022 Earnings.

Limbach Holdings, Inc. (LMB) CEO Charlie Bacon on Q1 2022 Results - Earnings Call Transcript

Limbach (LMB) delivered earnings and revenue surprises of 50% and 0.72%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Limbach (LMB) Q1 Earnings and Revenues Beat Estimates

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) today announced its financial results for the quarter ended March 31, 2022. The company reported consolidated revenue of $114.8 million, which was an improvement of 1.3% compared to the first quarter of 2021. Gross margins improved to 16.0% from 15.2% for the first quarter of 2021 and drove a $1.1 million increase in gross profit year-over-year. ODR segment revenue accounted for 37.4% of consolidated revenue in the first qua

Limbach Holdings, Inc. Reports First Quarter 2022 Results

WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced the Company will be releasing its first quarter 2022 financial results after the close of the stock market on Tuesday, May 10, 2022. The Company will also be hosting a conference call for investors and analysts the following morning at 9:00 a.m. ET. Charlie Bacon, President and Chief Executive Officer, Jayme Brooks, Executive Vice President and Chief Financial Officer, Mike McCann

Limbach Holdings to Announce First Quarter 2022 Results

Good 2021 financial results. GDR revenues shrunk by 90M USD while maintaining the same gross profit of 45M USD. ODR revenues grew by 10.3% and surpassed gross margin expectations. Supply chain issues are forcing operators to extend the life of current assets. This will benefit the maintenance and emergency repairs services offered by ODR.

Limbach: Mitigating The Headwinds Of The Supply Chain Issues

Royce Investment Partners revealed last week it boosted its Limbach Holdings Inc. ( LMB , Financial) stake by 8.39%.

News for Limbach Holdings Stock (LMB)