LMB Q2 2023 Earnings — Limbach Holdings, Inc. Revenue & Financial Results | Market Cap Arena

LMBLimbach Holdings, Inc.

$957M

Q2 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$125M+7.5% YoY

Gross Profit

$29M22.8% margin

Operating Income

$8M6.0% margin

Net Income

$5M4.3% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$16M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$267M

Total Liabilities

$162M

Stockholders' Equity

$106M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$125M	$116M	+7.5%
Gross Profit	$29M	$21M	+33.7%
Operating Income	$8M	$1M	+415.1%
Net Income	$5M	$866,000	+514.3%

Revenue Segments

General Contractor (Construction Manager) Relationships Segment

$66M53%

Owner Direct Relationships Segment

$59M47%