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. (NASDAQ: LMB) generates a steady flow of news as a building systems solutions firm focused on mission-critical mechanical, electrical, and plumbing infrastructure. News about LMB often centers on its progress in expanding Owner Direct Relationships, activity in key vertical markets such as healthcare, industrial and manufacturing, data centers, life science, higher education, and cultural and entertainment, and developments in its capital allocation strategy.
Investors following LMB news can expect regular earnings announcements that detail revenue by segment, gross profit, Adjusted EBITDA, and the contribution of acquisitions such as Pioneer Power, Consolidated Mechanical, and Kent Island Mechanical. These releases also discuss the company’s mix shift toward higher-margin ODR work, trends in gross margins, and updates to annual revenue and Adjusted EBITDA guidance.
Limbach’s news flow also includes transaction and financing updates, such as the acquisition of Pioneer Power, amendments to its revolving credit facility with Wintrust to increase borrowing capacity, and the authorization of a share repurchase program. These items provide insight into how the company funds growth, manages leverage, and approaches shareholder returns.
Additional LMB headlines cover leadership and governance changes, including executive appointments to roles overseeing national customer solutions and sales strategy, as well as additions to the Board of Directors with deep HVAC and building systems experience. The company also issues notices about participation in investor conferences and upcoming earnings calls.
This news page aggregates these updates in one place, allowing readers to review historical and recent press releases, monitor strategic moves, and track how Limbach communicates its performance and priorities over time.
Limbach Holdings (Nasdaq: LMB) has announced the acquisition of Pioneer Power, Inc. (PPI) for $66.1 million, strengthening its position in mission-critical mechanical and maintenance solutions in the Upper Midwest. The transaction was financed through available cash and borrowings under Limbach's expanded revolving credit facility.
Founded in 1947, PPI specializes in industrial and institutional mechanical solutions, serving healthcare, food, power/utility, and oil refining markets in the Greater Twin Cities region. The acquisition includes PPI's headquarters, warehouse, and fabrication facility valued at $4.6 million. PPI is expected to contribute annualized revenue of $120 million and adjusted EBITDA of $10 million beginning in 2026.
In conjunction with the acquisition, Limbach has expanded its revolving credit facility from $50 million to $100 million through an amendment with Wheaton Bank & Trust Company. The company has now paid over $150 million in total consideration for strategic acquisitions since becoming public, all without issuing stock as consideration.
Limbach Holdings (NASDAQ:LMB), a building systems solutions firm specializing in mission-critical infrastructure, announced its participation in the upcoming CJS Annual New Ideas Summer Conference. Michael McCann, President and CEO, and Jayme Brooks, Executive Vice President and CFO, will conduct one-on-one meetings with investors on July 10th, 2025, in White Plains, NY.
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.