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 reported a consolidated revenue of $129.2 million for Q3 2021, an increase of 6.7% from Q2 2021. The Owner Direct Relationships (ODR) segment revenue rose 17.6% year-over-year, comprising 48% of gross profit. Gross margins improved to 18.9%, driven by a shift to higher-margin ODR work. The Adjusted EBITDA guidance for 2021 remains between $23 million and $25 million, albeit at the lower end due to supply chain disruptions. Net income grew to $4.0 million, with diluted EPS at $0.38.
Limbach Holdings, Inc. (NASDAQ: LMB) announced it will release its third quarter 2021 financial results on November 10, 2021, after market close. A conference call will take place the next morning, November 11, 2021, at 9:00 a.m. ET, hosted by key executives including CEO Charlie Bacon and CFO Jayme Brooks. Domestic callers can dial 866-604-1698, while international callers can reach 201-389-0844. The event will be available via webcast on the company's website.
Limbach Holdings, Inc. (NASDAQ: LMB) announced its participation in the 14th Annual LD Micro Main Event on October 13, 2021, at 9:30 AM PT in Los Angeles. Executive Vice President Matt Katz will present, with opportunities for 1x1 meetings throughout the day. The event will take place from October 12 to 14, featuring around 150 companies and keynotes. Limbach specializes in integrated building systems, focusing on HVAC and related services across several sectors such as healthcare and education.
Limbach Holdings, Inc. (NASDAQ: LMB) has announced a growing demand for its HVAC services in the cannabis and indoor farming sectors, securing various contracts across multiple states. The company plans to showcase its capabilities at MJBizCon in
Limbach Holdings, Inc. (NASDAQ: LMB) announced its participation at Lake Street Capital Markets' 5th Annual Best Ideas Growth (BIG5) Conference on September 15, 2021. Key executives, including President Charlie Bacon, CFO Jayme Brooks, and Executive VP Matt Katz, will engage in virtual one-on-one meetings throughout the day.
Limbach specializes in integrated building systems solutions, focusing on HVAC, mechanical, electrical, plumbing, and controls systems across various sectors, including healthcare, education, and data centers.
Limbach Holdings, Inc. (NASDAQ: LMB) announced the appointment of Linda G. Alvarado to its Board of Directors effective August 26, 2021, following the retirement of Larry G. Swets. Alvarado, a seasoned professional in the construction industry, is the founder and CEO of Alvarado Construction, Inc. and brings extensive management experience from various public company boards. Her background in finance and strategic growth planning is expected to contribute positively to Limbach’s future direction, helping to provide diverse perspectives for the company's growth.
Limbach Holdings, Inc. (Nasdaq: LMB) reported its financial results for Q2 2021, showing a revenue increase of 6.8% to $121.0 million compared to Q1 2021. The ODR segment grew to 27.7% of total revenue, reflecting a successful transition towards higher-margin work. However, total revenue decreased 10.5% year-over-year, driven by a 17.4% drop in GCR revenue. Gross margin improved to 15.4%, and net income fell to $0.7 million. The company has revised its 2021 revenue guidance to $480-$510 million and adjusted EBITDA to $23-$25 million, now projecting ODR segment growth exceeding 25% for the year.
Limbach Holdings, Inc. (NASDAQ: LMB) will release its second quarter 2021 financial results on August 12, 2021, after market close. A conference call for investors and analysts is set for August 13, 2021, at 9:00 a.m. EDT, featuring key executives including Charlie Bacon, President and CEO, and Jayme Brooks, CFO. Domestic callers can reach the call at 866-604-1698 while international callers can dial 201-389-0844. The call will be webcast live through Limbach’s investor relations website.
Limbach Holdings (NASDAQ: LMB) will participate in the LD Micro Invitational XI Conference on June 9th at 10:00 am ET. Executive Vice President, Matt Katz, will present and engage in virtual one-on-one meetings throughout the day. The conference occurs from June 8th to 10th, featuring approximately 180 companies and keynotes. Limbach specializes in integrated building systems, including HVAC and plumbing solutions, serving various sectors such as healthcare and education. For more details, the presentation can be accessed through their investor relations website.
Limbach Holdings (NASDAQ: LMB) will participate in the virtual Stifel Cross Sector Insights Conference from June 8-10. CEO Charlie Bacon is set to present on June 10 at 3:20 PM ET, with both Bacon and EVP Matt Katz available for virtual one-on-one meetings. The presentation will be accessible via the investor relations section of Limbach's website or directly at this link.
Limbach specializes in integrated building systems solutions, focusing on HVAC, mechanical, electrical, plumbing, and controls systems across various sectors.
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