LMB Q1 2023 Earnings — Limbach Holdings, Inc. Revenue & Financial Results | Market Cap Arena

LMBLimbach Holdings, Inc.

$957M

Q1 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$121M+5.4% YoY

Gross Profit

$26M21.7% margin

Operating Income

$5M3.8% margin

Net Income

$3M2.5% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-15.7%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$8M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$281M

Total Liabilities

$181M

Stockholders' Equity

$99M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$121M	$115M	+5.4%
Gross Profit	$26M	$18M	+43.0%
Operating Income	$5M	-$793,000	+686.8%
Net Income	$3M	-$2M	+297.4%

Revenue Segments

General Contractor (Construction Manager) Relationships Segment

$62M51%

Owner Direct Relationships Segment

$59M49%