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 (LMB) delivers essential infrastructure solutions as a leading provider of integrated HVAC, plumbing, electrical, and building automation systems. This news hub offers investors and industry professionals centralized access to official updates and market-moving developments.
Track critical announcements including quarterly earnings reports, strategic partnership disclosures, and operational expansions. Our curated feed simplifies monitoring of key business activities across Limbach's Owner Direct Relationships and General Contractor segments.
Discover timely updates on energy retrofit projects, maintenance contract awards, and technological advancements in building systems. The repository ensures equal relevance for stakeholders evaluating short-term performance and long-term strategic positioning.
Bookmark this page for streamlined access to Limbach's latest financial disclosures, leadership updates, and industry recognition. Combine real-time alerts with historical context to inform your analysis of this specialized construction services provider.
Limbach Holdings reported a strong performance for the year ended December 31, 2022, with consolidated revenue of $496.8 million, an increase of 1.3% from 2021. The Owner Direct Relationships (ODR) segment revenue surged by 63.7% to $216.4 million, contributing approximately 58.8% of consolidated gross profit. Net income for the year was $6.8 million with diluted EPS of $0.64. Adjusted EBITDA increased 36.5% to $31.8 million. Despite a decline in GCR segment revenue, Limbach plans to continue enhancing its customer-focused platform while maintaining a healthy balance sheet with $36.0 million in cash.
Limbach Holdings (NASDAQ: LMB) will announce its Q4 2022 financial results on
Limbach Holdings, Inc. (NASDAQ: LMB) has announced the promotion of three senior management professionals to enhance its Owner-Direct Business. Jay Sharp has been appointed President of Limbach Company LLC, Limbach Company LP, and Jake Marshall LLC, bringing over 32 years of experience. Nick Angerosa remains President of Harper Limbach LLC and will also join the Senior Management Team. Melissa DiMuro is the new Chief People, Culture, and Marketing Officer, overseeing human capital strategy and branding. CEO Charlie Bacon emphasized the importance of employee growth within the company. Limbach specializes in integrated building systems solutions across various markets.
FAQ
What is the current stock price of Limbach Hldgs (LMB)?
What is the market cap of Limbach Hldgs (LMB)?
