Limbach Holdings 2025 Q1 Earnings Strong Performance as Net Income Surges 34.6%

Limbach Holdings (LMB) reported its fiscal 2025 Q1 earnings on May 05th, 2025. The company exceeded expectations with a notable increase in revenue and net income, reinforcing its position as a leader in building systems solutions. limbach reaffirmed its full-year guidance, supported by robust cash generation and strategic growth in the Owner Direct Relationships segment. These results highlight Limbach's successful execution of its strategic initiatives aimed at margin improvement and risk reduction, solidifying its growth trajectory in key markets.

Revenue

The total revenue of limbach holdings increased by 11.9% to $133.11 million in 2025 Q1, up from $118.98 million in 2024 Q1.

Earnings/Net Income

Limbach Holdings's EPS rose 30.9% to $0.89 in 2025 Q1 from $0.68 in 2024 Q1, marking continued earnings growth. Meanwhile, the company's profitability strengthened with net income of $10.21 million in 2025 Q1, marking 34.6% growth from $7.59 million in 2024 Q1. Remarkably, in 2025 Q1, the company set a new record high for fiscal Q1 net income, the highest in 10 years. The EPS reflects strong financial health and growth.

Price Action

The stock price of Limbach Holdings has edged up 0.78% during the latest trading day, has jumped 12.25% during the most recent full trading week, and has surged 35.16% month-to-date.

Post-Earnings Price Action Review

Historically, Limbach Holdings (LMB) has experienced positive stock price returns following earnings reports. Data shows that the stock tends to perform well shortly after these reports, with win rates of 52.99% over three days, 59.78% over ten days, and 63.37% over thirty days. This trend indicates a propensity for the stock price to rise in the short term post-earnings. The highest return observed was 27.57% over thirty days, suggesting potential for substantial price appreciation following earnings announcements. This pattern underscores investor confidence in the company's financial health and strategic direction, reflecting positively in the stock's performance.

CEO Commentary

“In the first quarter, we grew revenue, gross profit, and Adjusted EBITDA, demonstrating the scalability of our business model,” said Michael McCann, President and Chief Executive Officer of Limbach. The Company achieved significant momentum in March, with Owner Direct Relationships (ODR) representing 67.9% of total revenue, up from 62.4% in the previous year. Limbach is focused on expanding the ODR segment to enhance margins, reduce risks, and drive predictable revenue. The Company is gaining traction in key markets like healthcare and believes its growth strategy will position Limbach as a leader in building systems solutions.

Guidance

Limbach is confident in meeting its full-year guidance, underpinned by strong cash generation, operational execution, and a solid M&A pipeline. The Company believes that its strategy to grow the ODR business has significant potential, as they continue to tap into customer relationships and market penetration. Based on current visibility, Limbach anticipates delivering long-term value for stockholders while supporting continued growth in the ODR segment.

Additional News

In recent developments, Limbach Holdings has announced its participation in several upcoming investor conferences, including those hosted by Oppenheimer, Bank of America, and Stifel. These engagements are aimed at strengthening investor relations and broadening the company's visibility in the financial market. Additionally, Limbach has made strides in expanding its Owner Direct Relationships segment, a strategic focus designed to boost revenue predictability and margin enhancement. This expansion aligns with the company's growth strategy and its commitment to delivering value to shareholders. No major C-Level changes or dividend announcements have been reported in the past weeks.

Ask Aime: "Limbach Holdings' Q1 earnings reveal strong revenue and net income growth. What's the stock's outlook post-earnings?"