Welcome to our dedicated page for Limbach Hldgs news (Ticker: LMB), a resource for investors and traders seeking the latest updates and insights on Limbach Hldgs stock.
Limbach Holdings, Inc. provides building systems solutions for mission-critical mechanical, electrical, plumbing and controls systems. The company designs, delivers and maintains MEPC infrastructure for building owners and operators in healthcare, industrial and manufacturing, data centers, life sciences, higher education, and cultural and entertainment markets.
Limbach news commonly centers on quarterly results, revenue mix between Owner Direct Relationships and General Contractor Relationships, acquisition contributions such as Pioneer Power, major project activity, capital allocation, executive leadership roles and investor conference participation. Updates also track the company’s emphasis on owner-direct customer relationships and recurring service needs for complex facilities.
Limbach Holdings, Inc. (NASDAQ: LMB) will present at the 13th annual LD Micro Main Event investor conference on December 14th, at 9:20 AM PST/12:20 PM EST. Executive Vice President Matt Katz will address a virtual audience. This year’s Main Event introduces a unique format, featuring 10-minute presentations followed by a Q&A session with investors and analysts. The conference will take place on the Sequire Virtual Events platform and aims to engage both executives and investors. For further details, register here.
Limbach Holdings, Inc. (NASDAQ: LMB) announced participation in Sidoti & Company’s Virtual Microcap Conference 2020. Executive VP Matt Katz will present on November 19 at 2:30 PM EDT and be available for virtual one-on-one meetings. The presentation webcast is accessible on Limbach’s investor relations webpage.
In 2019, Limbach reported revenue of $553.3 million, focusing on integrated building systems solutions for commercial clients, particularly in healthcare and education sectors. The company employs over 1,700 staff across 22 offices in the U.S.
Limbach Holdings reported a 10.6% increase in revenue for Q3 2020, totaling $163.9 million compared to the same period last year. Gross margin improved to 14.8%, up 235 basis points, leading to a net income of $2.5 million and Adjusted EBITDA of $8.8 million, more than double last year's figure. Despite revenue growth in its Construction and Service segments, total backlog decreased to $469.3 million. The company raised its Adjusted EBITDA guidance to $23-26 million while maintaining revenue guidance of $560-600 million.
Limbach Holdings, Inc. (NASDAQ: LMB) announced the release date for its third quarter 2020 financial results, scheduled for Thursday, November 12, 2020, before market opening. A conference call for investors will follow at 10:00 a.m. EDT, led by CEO Charlie Bacon and CFO Jayme Brooks. Participants can join via telephone or access the call online through Limbach's Investor Relations page. The firm, which reported $553.3 million in revenue for 2019, specializes in integrated building systems solutions for commercial and institutional clients across various sectors.
Limbach Holdings (NASDAQ: LMB) has successfully booked approximately $95 million in project contracts into backlog, following their previous classification as "promised". Key projects include a major downtown commercial development, a new healthcare facility, and a large-scale data center. CEO Charlie Bacon noted stable demand in core markets and emphasized the Company's strategic approach to project selection and risk management, which supports continued opportunities in their diverse service areas across the U.S.
Limbach Holdings, Inc. (NASDAQ: LMB) will participate in the LD Micro's "Zooming with LD" event on October 9th at 11:00 am EST. Executive Vice President Matt Katz will present and is available for virtual one-on-one meetings. Investors can view the presentation via the company's investor relations website or directly through the provided link.
Limbach, which reported $553.3 million in revenue for 2019, specializes in integrated building systems solutions, primarily serving commercial and institutional clients across various end-markets.
Limbach Holdings (NASDAQ:LMB) will present at the LD 500 virtual investor conference on September 2, 2020, at 9:40 AM EDT. The presentation will be led by Charlie Bacon, the company's President & CEO. Attendees can schedule 1x1 meetings through the LD 500 portal. This conference runs from September 1-4 and aims to provide a platform for microcap companies to connect with investors amidst the challenges posed by COVID-19. For more information, visit the LD Micro website.