secwatch.observer — SEC 8-K summary
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Issuer:     Limbach Holdings, Inc. (LMB)
CIK:        0001606163
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001606163-22-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limbach Q3 2022: Record gross margin 20.3%, Adj EBITDA up 25.7%, guidance raised
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- Revenue $122.4M (-5.3% YoY); ODR revenue up 52.2% to $59.7M (48.8% of total).
- Gross margin 20.3% (record), gross profit $24.9M; net income $3.6M, diluted EPS $0.34.
- Adjusted EBITDA $10.2M (+25.7% YoY); 2022 EBITDA guidance raised to $27-30M (from $25-29M).
- Revenue guidance tightened to $510-530M; backlog $457.3M vs $435.2M at Dec 2021.
- Cash $28.5M, term loan $23.3M; authorized $2M share repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606163/000160616322000014/0001606163-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606163/000160616322000014/lmb-20221109.htm
  HTML page:      https://secwatch.observer/filing/0001606163-22-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer