Limbach Hldgs Inc Stock Price, News & Analysis

Limbach Holdings (Nasdaq: LMB) has scheduled the release of its first quarter 2025 financial results after market close on Monday, May 5, 2025. The building systems solutions firm will hold a conference call for analysts the following day, Tuesday, May 6, 2025, at 9:00 a.m. ET.

Participants can join via phone using the following dial-in numbers: (877) 407-6176 for domestic callers and +1 (201) 689-8451 for international callers. The call will be simultaneously webcast through the company's Investor Relations website section, with an audio replay to be archived on the company's website.

Limbach Holdings (NASDAQ: LMB) reported record financial results for FY2024, with net income reaching $30.9 million ($2.57 per diluted share), up from $20.8 million in 2023. The company achieved record adjusted EBITDA of $63.7 million, a 36.1% increase year-over-year.

Key highlights include:

• Record full-year gross profit of $144.3 million, up 20.9%
• Owner Direct Relationships revenue increased 31.9% to $345.5 million
• Adjusted net income of $43.2 million ($3.60 per adjusted diluted share)

For 2025, Limbach projects revenue of $610-630 million and adjusted EBITDA of $78-82 million. The company completed two strategic acquisitions in 2024 and maintains a focus on working with mission-critical building owners across six verticals: healthcare, industrial/manufacturing, data centers, life science, higher education, and cultural/entertainment.

Limbach Holdings (Nasdaq: LMB), a building systems solutions firm specializing in mission-critical mechanical, electrical, and plumbing infrastructure, has announced its participation in two major investor conferences.

The company's leadership will engage in the following events:

• UBS Services Conference - CEO Michael McCann will host one-on-one investor meetings on March 12th-13th in New York City
• Roth 37th Annual Conference for Growth Companies - CEO McCann and CFO Jayme Brooks will attend March 16th-18th in Dana Point, CA, featuring both investor meetings and a fireside chat on March 18th at 12:30 p.m. PT

The fireside chat will be accessible via webcast on Limbach's investor relations website.

Limbach Holdings (Nasdaq: LMB) has scheduled the release of its fourth quarter and full year 2024 financial results after market close on Monday, March 10, 2025. The company will host a conference call for analysts the following morning at 9:00 a.m. ET on Tuesday, March 11, 2025.

The conference call will be accessible to domestic callers at (877) 407-6176 and international callers at +1 (201) 689-8451. A simultaneous webcast will be available through the Investor Relations section of Limbach's website, with an audio replay to be archived on the company's website.

Limbach Holdings (Nasdaq: LMB) has acquired Consolidated Mechanical (CMI) for an initial purchase price of $23 million, with potential earn-outs of up to $2 million over two years. CMI, founded in 1984 in Owensboro, Kentucky, is expected to contribute annual revenue of approximately $23 million and EBITDA of $4 million beginning in 2025.

The acquisition expands Limbach's industrial sector presence in Kentucky, Illinois, and Michigan, particularly in power generation, food processing, manufacturing, and metals markets. CMI primarily generates revenue through Owner Direct Relationships, focusing on repair, maintenance, and retrofit activities.

Limbach Holdings (Nasdaq: LMB) has announced its participation in the UBS Global Industrials and Transportation Conference in Manalapan, Florida. The event will take place on December 3 and 4, 2024, where President and CEO Michael McCann and EVP/CFO Jayme Brooks will conduct one-on-one meetings with investors. Limbach, a building systems solutions firm, specializes in providing mechanical, electrical, and plumbing infrastructure services to building owners and facilities managers with mission-critical needs.

Limbach Holdings (LMB) reported strong Q3 2024 financial results with net income of $7.5 million, or $0.62 per diluted share. Total revenue increased 4.8% to $133.9 million, driven by a 41.3% growth in Owner Direct Relationships (ODR) revenue to $93.0 million. The company achieved record quarterly Adjusted EBITDA of $17.3 million, up 27.2% year-over-year. Gross profit rose 15.6% to $36.1 million, with ODR accounting for 82.1% of total gross profit. Based on strong performance, Limbach raised its 2024 Adjusted EBITDA guidance to $60-63 million and updated revenue guidance to $520-540 million.

Limbach Holdings, Inc. (Nasdaq: LMB), a building systems solutions firm, has announced the upcoming release of its third quarter 2024 financial results. The company will disclose these results after the stock market closes on Tuesday, November 5, 2024.

Following the release, Limbach will host a conference call for analysts on Wednesday, November 6, 2024, at 9:00 a.m. ET. Interested parties can participate in the call via phone or webcast. The webcast will be accessible through the 'Investor Relations' section of Limbach's website or via a direct link provided. An audio replay of the call will be made available on the company's website for those unable to attend the live event.