secwatch.observer — SEC 8-K summary
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Issuer:     Limbach Holdings, Inc. (LMB)
CIK:        0001606163
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001628280-24-035215
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limbach Q2 net income rises to $6.0M; record adjusted EBITDA $13.8M; raises FY guidance
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- Q2 net income $6.0M ($0.50 diluted EPS) vs $5.3M ($0.46) YoY; record adjusted EBITDA $13.8M, up 16%.
- ODR revenue surged 40.8% to $82.8M, 67.7% of total revenue; ODR gross margin improved to 30.6%.
- Total revenue $122.2M, down 2.1% YoY as GCR revenue fell 40.3% amid mix-shift strategy.
- FY 2024 guidance raised: revenue $515M-$535M, adjusted EBITDA $55M-$58M (prior $51M-$55M).
- Cash and equivalents $59.5M; net cash from operations $16.5M; working capital $82.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606163/000162828024035215/0001628280-24-035215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606163/000162828024035215/lmb-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-035215

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