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Limbach Holdings Reports Third Quarter 2017 Results
US:NASDAQ Investor Relations: ir.limbachinc.com
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Third Quarter 2017 Revenues of $121.3 million; Service Revenues of $25.5 million Conference Call Scheduled for 9:00am ET Wednesday November 15, 2017 PITTSBURGH--(BUSINESS WIRE)-- Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced financial results for the quarter ended September 30, 2017. Revenues increased 2.1% versus the prior year period to $121.3 million in the third quarter of 2017. Service segment revenue of $25.5 million grew 23.0% from the prior year quarter while Construction segment revenues declined 2.3% due to backlog booked in the strong second quarter that was not scheduled to commence work until after Q3. Other key financial highlights of the quarter included: Gross margin was 12.7%, compared with 12.8% in the third quarter of 2016. Gross margin in the third quarter of 2017 was negatively impacted by charges incurred on thr
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NEWS
- Trump tariffs are an opportunity for contractors: Limbach Holdings CEO [FOX Business Network][FOX Business Network]
- Limbach Holdings, Inc. (NASDAQ: LMB) was upgraded by analysts at Zacks Investment Research from a "hold" rating to a "strong-buy" rating. They now have a $14.00 price target on the stock.[MarketBeat]
- Limbach Holdings, Inc 2017 Q4 - Results - Earnings Call Slides [Seeking Alpha][Seeking Alpha]
- BRIEF-Limbach Holdings Qtrly Diluted Earnings Per Share $0.12 [Reuters][Reuters]
- Limbach EPS of $0.12 [Seeking Alpha][Seeking Alpha]
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SEC Filings
SEC Filings
- 4/13/18 - Form SC
- 4/12/18 - Form SC
- 4/4/18 - Form 8-K
- LMB's page on the SEC website
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