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

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Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q2 2023

Earnings data Q3 2023

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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.

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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.

Limbach Holdings, Inc. (LMB) CEO Charlie Bacon on Q4 2021 Results - Earnings Call Transcript

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the year ended December 31, 2021. Net income was $6.7 million for fiscal year 2021 as compared to $5.8 million for fiscal year 2020. Consolidated revenue was $490.4 million, a 13.7% decrease compared to fiscal year 2020. ODR(1) segment revenue was up 10.3% year-over-year and accounted for 28.6% of consolidated revenue in 2021 compared to 22.4% in fiscal year 2

Limbach Holdings Reports Fourth Quarter and Fiscal Year 2021 Results

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced that CEO Charlie Bacon will be attending the 34th Annual ROTH Conference from March 14 - 15, 2022. Mr. Bacon will be available for one-on-one meetings throughout both days. This year's event will consist of 1-on-1 / small group meetings, analyst-selected fireside chats, thematicindustry panels, and on-demand presentations by executive management from approximately 400 private and publi

Limbach Holdings to Attend the 34th Annual ROTH Conference on March 14 and 15, 2022

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach”) today announced the Company will be releasing its fourth quarter 2021 financial results after the close of the stock market on Wednesday, March 16, 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, Executive Vice

Limbach Holdings to Announce Fourth Quarter and Full Year 2021 Results

By consolidating regional markets, LMB can secure higher margins by reducing competitive bids.

Limbach - You Pay For The Construction Business And Get The Service Business At A Considerable Bargain

ABM Industries

Rollins

With manufacturing and service activities gathering steam and the construction business reviving, the Zacks Building Products - Maintenance Service industry is poised to prosper. LMB, ABM and ROL are three well-placed stocks to ride this demand strength.

3 Stocks to Gain From the Flourishing Building Maintenance Industry

Limbach (LMB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Limbach (LMB) Is a Great Choice for Value Investors

Limbach Holdings Inc (NASDAQ: LMB) has acquired Chattanooga, Tennessee-based specialty mechanical contractor Jake Marshall, LLC, along with certain affiliated companies, for an enterprise value of $20 million in an all-cash transaction. In addition, Jake Marshall's owners may receive up to $6 million subject to meeting certain performance thresholders in calendar years 2022 and 2023.

Limbach Acquires Specialty Mechanical Contractor Jake Marshall For $20M

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach”), 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, today announced the closing of the acquisition of Chattanooga, TN-based specialty mechanical contractor Jake Marshall, LLC, along with certain affiliated companies (col

Limbach Holdings Acquires Jake Marshall, LLC, a Specialty Mechanical Contractor

Limbach Holdings' (LMB) CEO Charlie Bacon on Q3 2021 Results - Earnings Call Transcript

Limbach (LMB) delivered earnings and revenue surprises of 40.74% and 3.34%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Limbach (LMB) Tops Q3 Earnings and Revenue Estimates

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) today announced its financial results for the quarter ended September 30, 2021. Consolidated revenue improved to $129.2 million, or 6.7%, compared with the second quarter of 2021 as business conditions strengthened relative to the second quarter of 2021. ODR(1) segment revenue accounted for 30.4% of consolidated revenue in the third quarter of 2021 compared to 20.4% in the third quarter of 2020. Consolidated gross margin of 18.9%

Limbach Holdings, Inc. Reports Third Quarter 2021 Results

Limbach (LMB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Limbach (LMB) to Report a Decline in Earnings: What to Look Out for

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach”) today announced the Company will be releasing its third quarter 2021 financial results after the close of the stock market on Wednesday, November 10, 2021. 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, Executive Vic

Limbach Holdings to Announce Third Quarter 2021 Results

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach”) today announced that Company leadership will be presenting at the 14th Annual LD Micro Main Event. Executive Vice President - Mergers, Acquisitions and Capital Markets, Matt Katz will present on October 13th at 9:30 AM PT at the Luxe Sunset Bel-Air in Los Angeles and be available for 1x1 meetings throughout the day. "We are honored to be back in person with some of the finest companies and investors in the small-cap w

Limbach Holdings to Present at 14th Annual LD Micro Main Event

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced that the Company has seen an increase in demand for the Company's expertise in the design and implementation of HVAC services in the growing cannabis, indoor farming and agriculture markets. The Company has secured contracts for a number of these facilities in several states, and has been building a market niche with indoor farming, which it believes will be a sustainable area of capit

Limbach Holdings Announces Continued Growth in Cannabis Indoor Agricultural Farming Opportunities

PITTSBURGH--(BUSINESS WIRE)-- #BIG5--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach”) today announced that management will participate in Lake Street Capital Markets' 5th Annual Best Ideas Growth (BIG5) Conference on September 15, 2021. Charlie Bacon, President & Chief Executive Officer, Jayme Brooks, CFO, and Matt Katz, Executive Vice President – Mergers, Acquisitions and Capital Markets, will be available for virtual one-on-one meetings throughout the day. More information on the conference can b

Limbach Holdings to Present at Lake Street Capital Markets' 5th Annual Best Ideas Growth (BIG5) Conference

Limbach Holdings: Derisked And Worth A Second Look

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) announced today the appointment of Linda G. Alvarado to the Company's Board of Directors, effective as of August 26, 2021. Ms. Alvarado brings a wealth of experience in the construction industry, most notably as a founder, President and Chief Executive Officer of Alvarado Construction, Inc., a commercial general contractor, development, design/build, and construction management company in the United S

Limbach Holdings, Inc. Announces Appointment of Linda G. Alvarado to the Board of Directors

Limbach Holdings' (LMB) CEO Charlie Bacon on Q2 2021 Results - Earnings Call Transcript

Limbach (LMB) delivered earnings and revenue surprises of -50.00% and 1.70%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Limbach (LMB) Q2 Earnings Lag Estimates

Shares of Limbach Holdings (NASDAQ:LMB) moved higher by 2.8% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 81.08% over the past year to $0.07, which were in line with the estimate of $0.07.

Limbach Holdings: Q2 Earnings Insights

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) today announced its financial results for the quarter ended June 30, 2021. Consolidated revenue improved to $121.0 million, or 6.8%, compared with the first quarter of 2021 as business conditions strengthened relative to the first quarter of 2021. ODR(1) segment revenue accounted for 27.7% of consolidated revenue in the second quarter of 2021 compared to 21.6% in the second quarter of 2020. Consolidated gross margin of 15.4% incr

Limbach Holdings, Inc. Reports Second Quarter 2021 Results

Earnings Preview: Limbach (LMB) Q2 Earnings Expected to Decline

PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach”) today announced the Company will be releasing its second quarter 2021 financial results after the close of the stock market on Thursday, August 12, 2021. The Company will also be hosting a conference call for investors and analysts the following morning at 9:00 a.m. EDT. Charlie Bacon, President and Chief Executive Officer, Jayme Brooks, Executive Vice President and Chief Financial Officer, Mike McCann, Executive Vice

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