LMB Q1 2024 Earnings — Limbach Holdings, Inc. Revenue & Financial Results | Market Cap Arena

LMBLimbach Holdings, Inc.

$957M

Q1 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$119M-1.7% YoY

Gross Profit

$31M26.1% margin

Operating Income

$7M5.5% margin

Net Income

$8M6.4% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

-16.6%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$6M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$289M

Total Liabilities

$164M

Stockholders' Equity

$126M

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$119M	$121M	-1.7%
Gross Profit	$31M	$26M	+18.5%
Operating Income	$7M	$5M	+40.4%
Net Income	$8M	$3M	+153.5%

Revenue Segments

Owner Direct Relationships Segment

$74M62%

General Contractor (Construction Manager) Relationships Segment

$45M38%