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, Inc. (NASDAQ: LMB) has appointed Melissa DiMuro as the Chief People & Culture Officer, effective immediately. With 18 years of experience, primarily in human capital leadership at GE Aviation, DiMuro is poised to enhance Limbach's Owner Direct & Service business and technology platform. CEO Charlie Bacon emphasized the importance of recruiting and retaining skilled labor, citing DiMuro's experience as crucial for the company's evolving business model. Limbach aims to meet industry challenges while maintaining leadership in safety and technical capability.
Limbach Holdings, Inc. (NASDAQ: LMB) announced that CEO Charlie Bacon will present at NobleCon17 on January 19th at 12:45 PM EST. This conference will be held virtually, free of charge. A recorded video of the presentation will be available on their website the next day and will also be rebroadcast on Channelchek next month. Limbach, which had a revenue of $553.3 million in 2019, specializes in integrated building systems solutions, predominantly serving commercial and institutional clients across various sectors.
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.