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05.05.25 - 22:12
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Limbach Holdings, Inc. Reports First Quarter 2025 Results (Business Wire)
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Q1 2025 Net Income Reaches a Record of $10.2 Million, with Quarterly Adjusted EBITDA Increasing to $14.9 Million
WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended March 31, 2025.
First Quarter 2025 Highlights Compared to First Quarter 2024
Total revenue was $133.1 million, an increase of 11.9% from $119.0 million.
Record quarterly net income of $10.2 million, or $0.85 per diluted share, compared to $7.6 million, or $0.64 per diluted share.
Adjusted net income of $13.5 million, or $1.12 per adjusted diluted earnings per share, compared to adjusted net income of $9.7 million, or $0.82 per adjusted diluted earnings per share.
Adjusted EBITDA of $14.9 million, up 26.5% from $11.8 million.
Owner Direct Relationships (“ODR”) revenue increased 21.7%, or $16.1 million, to $90.4 million, or 67.9% of total revenue.
Total gross profit was $36.7 million, an increase of 18.1% from $31.1 million.
Ne...
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21.04.25 - 22:12
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Limbach Holdings to Announce First Quarter 2025 Results (Business Wire)
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WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”), a building systems solutions firm, today announced that it will release its first quarter 2025 financial results after the stock market closes on Monday, May 5, 2025. The Company will also host a conference call for analysts the following morning at 9:00 a.m. ET.
Conference Call Details
Date: Tuesday, May 6, 2025
Time: 9:00 a.m. ET
Participant Dial-In Numbers:
Domestic Callers: (877) 407-6176
International Callers: +1 (201) 689-8451
Access By Webcast
The call will be simultaneously webcast over the Internet via the “Investor Relations” section of Limbach's website at IR Events - Limbach or by using this direct link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=y6XjA4hv. An audio replay of the call will be archived on the Company's website.
About Limbach
Limbach Holdings, Inc. (Nasdaq: LMB) is a building systems solution firm that partners with building owners and facilities ...
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