---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-021718"
form_type: "8-K"
ticker: "LMB"
cik: "0001606163"
company_name: "Limbach Holdings, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:20:33.048490+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Limbach reports Q1 net income up 153.5%; raises FY2024 Adjusted EBITDA guidance

## Summary
- ODR revenue up 26.5% to $74.3M, 62.4% of total; consolidated revenue down 1.7% to $119.0M (intentional shift).
- Net income $7.6M ($0.64 diluted EPS) vs $3.0M ($0.27) YoY; Adjusted EBITDA $11.8M, up 35.4%.
- FY2024 Adjusted EBITDA guidance raised to $51-55M (from $49-53M); revenue guidance unchanged $510-530M.
- Record consolidated gross margin 26.1%; ODR gross profit 71.3% of total; ODR % of revenue goal raised to 65-70%.
- Cash $48.2M, current ratio 1.60x; net cash used in ops ($3.9M) vs provided $9.4M prior year.

## SEC filing metadata
- accession: 0001628280-24-021718
- form_type: 8-K
- ticker: LMB
- cik: 0001606163
- company_name: Limbach Holdings, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606163/000162828024021718/0001628280-24-021718-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606163/000162828024021718/lmb-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-021718
- JSON: https://secwatch.observer/filing/0001628280-24-021718.json
- Plain text: https://secwatch.observer/filing/0001628280-24-021718.txt

## Key facts
- Earnings Releases
  Limbach Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $119.0 million, net income $7.6 million, EPS $0.64 per diluted share. Guidance raised.
  - Period: the quarter ended March 31, 2024
  - Revenue: $119.0 million
  - Net income: $7.6 million
  - EPS: $0.64 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Compared to 2023 First Quarter • ODR revenue increased 26.5%, or $15.5 million, to $74.3 million accounting for 62.4% of consolidated revenue. • Consolidated revenue was $119.0 million, a decrease of 1.7% from $121.0 million. • Total gross profit was $31.1 million, an increase of 18.5% from $26.2 million. • ODR gross profit accounted for $22.2 million, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606163/000162828024021718/0001628280-24-021718-index.htm

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