Limbach GAAP EPS of $0.62 beats by $0.09, revenue of $133.92M beats by $4.42M

seekingalpha
06 Nov 2024
  • Limbach press release (NASDAQ:LMB): Q3 GAAP EPS of $0.62 beats by $0.09.
  • Revenue of $133.92M (+4.8% Y/Y) beats by $4.42M.
  • Owner Direct Relationships' revenue increased 41.3%, or $27.2 million, to $93.0 million, accounting for 69.4% of total revenue.
  • 2024 Guidance

    We are updating our guidance for FY 2024 as follows:

    Current

    Previous

    Revenue

    $520 million - $540 million

    $515 million - $535 million

    Adjusted EBITDA

    $60 million - $63 million

    $55 million - $58 million

  • Shares +9.27%.

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