Limbach Holdings (LMB) Reports Q3 Loss of $0.46, Revenues Miss; Offers FY18 Revenue Mid-Point Outlook Below Consensus
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Limbach Holdings Reports Third Quarter 2018 Results
November 19, 2018 4:25 PM ESTQ3 2018 Revenues up 11.3% Versus Prior Year; Aggregate Backlog of $487.5 million at Quarter End
Conference Call Scheduled for 9:00am ET Tuesday November 20, 2018
PITTSBURGH--(BUSINESS WIRE)-- Limbach Holdings, Inc. (Nasdaq: LMB) (Limbach or the Company) today announced its financial results for the quarter ended September 30, 2018. Total third quarter 2018 revenues increased 11.3% from the prior year period to $135.1 million. Construction segment revenue grew 14.2% from the prior year period and accounted for 81% of total revenue.
The following are other key financial highlights of the quarter:
Construction segment revenue grew... MoreLimbach Holdings Updates Full Year 2018 Outlook
November 15, 2018 6:05 PM ESTPITTSBURGH--(BUSINESS WIRE)-- Limbach Holdings, Inc. (NASDAQ: LMB) (Limbach or the Company) today filed a Form 12b-25 to formally extend its third quarter 2018 filing deadline by 5 days. The Company expects to report its third quarter 2018 financial results on Monday November 19, 2018 after market close. In addition, Limbach is updating its outlook for the year ended December 31, 2018 as summarized below.
As stated in the 12b-25 filing, the Company experienced continued challenges in its Mid-Atlantic Branch, with higher than expected costs. As a result, as of September 30, 2018, the Company was not in compliance with the senior... More
