Limbach Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Results
Limbach Holdings, Inc. (LMB)
Last limbach holdings, inc. earnings: 11/14 05:03 pm
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US:NASDAQ Investor Relations:
ir.limbachinc.com
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Source: Business Wire
Delivered FY2024 Record Net Income and Record Adjusted EBITDA WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter and year ended December 31, 2024.2024 Highlights Compared to 2023Record full-year net income of $30.9 million, or $2.57 per diluted share, compared to $20.8 million, or $1.76 per diluted share.Record adjusted net income of $43.2 million, or $3.60 per adjusted diluted earnings per share, compared to adjusted net income of $29.2 million, or $2.48 per adjusted diluted earnings per share.Record full-year adjusted EBITDA of $63.7 million, up 36.1% from $46.8 million.Owner Direct Relationships (“ODR”) revenue increased 31.9%, or $83.5 million, to $345.5 million accounting for 66.6% of total revenue.Record full-year total gross profit of $144.3 million, an increase of 20.9% from $119.3 million.Completed two strategic acquisitions.2024 Fourth Quarter Highlights Compared to 2023
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LMB
News
- Limbach (NASDAQ:LMB) had its price target lowered by analysts at Stifel Nicolaus from $119.00 to $111.00. They now have a "buy" rating on the stock.MarketBeat
- Limbach Announces $50 Million Share Repurchase Program AuthorizationBusiness Wire
- Limbach (NASDAQ:LMB) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Limbach (NASDAQ:LMB) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Limbach Holdings, Inc. (LMB): A Bear Case Theory [Yahoo! Finance]Yahoo! Finance
LMB
Earnings
- 11/4/25 - Miss
LMB
Sec Filings
- 12/15/25 - Form 144
- 12/15/25 - Form 8-K
- 11/5/25 - Form SCHEDULE
- LMB's page on the SEC website