---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-010990"
form_type: "8-K"
ticker: "LMB"
cik: "0001606163"
company_name: "Limbach Holdings, Inc."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:19:05.559883+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Limbach Q4 net income $5.2M, FY EPS $1.76; ODR revenue up 21% YoY; guides FY 2024 EBITDA $49-53M

## Summary
- FY 2023 net income $20.8M ($1.76 diluted EPS) vs $6.8M ($0.64); Adj. EBITDA $46.8M vs $31.8M, up 47%.
- Q4 revenue $142.7M (-0.6% YoY); gross profit $33.3M (+14%); margin 23.3% vs 20.4%.
- ODR segment Q4 revenue $78.6M, up 22.8% YoY; ODR accounted for 55.1% of consolidated revenue.
- 2024 guidance: revenue $510-530M; Adj. EBITDA $49-53M.
- Credit agreement amendment: L/C sublimit raised to $10M; certain covenant restrictions removed.

## SEC filing metadata
- accession: 0001628280-24-010990
- form_type: 8-K
- ticker: LMB
- cik: 0001606163
- company_name: Limbach Holdings, Inc.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606163/000162828024010990/0001628280-24-010990-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606163/000162828024010990/lmb-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-010990
- JSON: https://secwatch.observer/filing/0001628280-24-010990.json
- Plain text: https://secwatch.observer/filing/0001628280-24-010990.txt

## Key facts
- Earnings Releases
  Limbach Holdings, Inc. reported the year ended December 31, 2023 results: revenue $516.4 million, net income $20.8 million, EPS $1.76 per diluted share.
  - Period: the year ended December 31, 2023
  - Revenue: $516.4 million
  - Net income: $20.8 million
  - EPS: $1.76 per diluted share
  - Result: reported results
  source text: up 8.8% from $11.6 million. • Net cash provided by operating activities of $13.9 million compared to $12.4 million. 2023 Overview Compared to 2022 • Consolidated revenue of $516.4 million, an increase of 3.9% from $496.8 million. • Gross profit of $119.3 million, an increase of 27.3% from $93.7 million. • Net income of $20.8 million, or $1.76 per diluted share,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606163/000162828024010990/0001628280-24-010990-index.htm
- Material Agreements
  Limbach Holdings, Inc. amended First Amendment to the Second A&R Wintrust Credit Agreement with Wheaton Bank & Trust Company, N.A., a subsidiary of Wintrust Financial Corporation (effective 2024-03-13).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wheaton Bank & Trust Company, N.A., a subsidiary of Wintrust Financial Corporation
  - Effective: 2024-03-13
  source text: On March 13, 2024, Limbach Facility Services LLC, Limbach Holdings LLC and other designated loan parties entered into a first amendment to the second amended and restated Wintrust credit agreement (the “First Amendment to the Second A&R Wintrust Credit Agreement”) with the lenders party thereto and Wheaton Bank & Trust Company, N.A., a subsidiary of Wintrust Financial Corporation (collectively, “Wintrust”), as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606163/000162828024010990/0001628280-24-010990-index.htm

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