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

1. Limbach Holdings reported record net income of $30.9 million for 2024. 2. Adjusted net income reached $43.2 million, significantly up from 2023.

Earnings
+15.63%Current Return
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-0.84%S&P 500
$68.9203/10 04:49 PM EDTEvent Start
$79.6903/11 11:34 PM EDTLatest Updated
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FAQ

Why Very Bullish?

Limbach's record earnings show strong financial performance, potentially boosting investor confidence. Historical examples, such as companies with similar earnings announcements, often see immediate positive price movements.

How important is it?

The article's focus on record financial performance indicates significant factors driving LMB's valuation. Positive financial metrics often correlate with higher stock prices, making this information very relevant to LMB's market performance.

Why Short Term?

The earnings report is likely to elicit a short-term investor response, as earnings highlights are immediate indicators of company health. Previous earnings surprises from firms like LMB have often resulted in quick stock price increases.

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LMB
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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