---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-037855"
form_type: "8-K"
ticker: "LMB"
cik: "0001606163"
company_name: "Limbach Holdings, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:33:59.370415+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Limbach Q3 revenue $127.8M (+4.4%), net income doubles to $7.2M; raises FY EBITDA guidance

## Summary
- Net income $7.2M ($0.61 diluted EPS) vs $3.6M ($0.34) YoY; Adjusted EBITDA $13.6M (+33.6%).
- Revenue $127.8M (+4.4%); gross margin 24.5% vs 20.3%; ODR segment revenue up 10.3% to $65.8M.
- Operating cash flow $17.2M vs $10.4M; cash $57.5M; current ratio 1.57x.
- FY 2023 Adj. EBITDA guidance raised to $42-45M (from $38-41M); revenue unchanged $490-520M.
- Post-quarter: acquired Industrial Air for $13.5M cash plus up to $6.5M earnout.

## SEC filing metadata
- accession: 0001628280-23-037855
- form_type: 8-K
- ticker: LMB
- cik: 0001606163
- company_name: Limbach Holdings, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606163/000162828023037855/0001628280-23-037855-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606163/000162828023037855/lmb-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-037855
- JSON: https://secwatch.observer/filing/0001628280-23-037855.json
- Plain text: https://secwatch.observer/filing/0001628280-23-037855.txt

## Key facts
- Earnings Releases
  Limbach Holdings, Inc. reported the quarter ended September 30, 2023 results: revenue $127.8 million, net income $7.2 million, EPS $0.61 per diluted share. Guidance raised.
  - Period: the quarter ended September 30, 2023
  - Revenue: $127.8 million
  - Net income: $7.2 million
  - EPS: $0.61 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: today announced its financial results for the quarter ended September 30, 2023. 2023 Third Quarter Financial Overview Compared to 2022 Third Quarter • Consolidated revenue was $127.8 million, an increase of 4.4% from $122.4 million. • Gross profit was $31.2 million, an increase of 25.7% from $24.9 million. • Net income of $7.2 million, or $0.61 per diluted share,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606163/000162828023037855/0001628280-23-037855-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.