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Limbach Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Results

1. Limbach Holdings reported record net income for FY 2024 at $30.9 million. 2. Adjusted earnings also reached new highs, indicating strong financial performance.

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FAQ

Why Very Bullish?

The record earnings per share showcase significant financial growth, reminiscent of past performance boosts when net income increased sustainably. Such robust results typically attract investor interest, likely leading to a price uptick.

How important is it?

The article discusses crucial financial achievements, which are fundamental indicators for investor sentiment and stock performance. Significant year-over-year growth implies a strong operational capability likely to impact market valuations positively.

Why Short Term?

Strong earnings announcements often lead to immediate positive reactions in stock prices, as seen previously with Limbach and similar companies after strong quarterly earnings releases.

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ACMCBREAME
WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter and year ended December 31, 2024. 2024 Highlights Compared to 2023 Record full-year net income of $30.9 million, or $2.57 per diluted share, compared to $20.8 million, or $1.76 per diluted share. Record adjusted net income of $43.2 million, or $3.60 per adjusted diluted earnings per share, compared to adjusted net income of $29.2 million, or $.

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