LMB Q2 2024 Earnings — Limbach Holdings, Inc. Revenue & Financial Results | Market Cap Arena

LMBLimbach Holdings, Inc.

$957M

Q2 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$122M-2.1% YoY

Gross Profit

$34M27.4% margin

Operating Income

$8M6.7% margin

Net Income

$6M4.9% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$13M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$304M

Total Liabilities

$171M

Stockholders' Equity

$133M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$122M	$125M	-2.1%
Gross Profit	$34M	$29M	+17.5%
Operating Income	$8M	$8M	+8.4%
Net Income	$6M	$5M	+12.1%

Revenue Segments

Owner Direct Relationships Segment

$83M68%

General Contractor (Construction Manager) Relationships Segment

$39M32%