Limbach (LMB) Q1 2026 Earnings Transcript
2026-05-06 16:38:51 ET
Image source: The Motley Fool.
May 6, 2026, 9 a.m. ET
Limbach Holdings (NASDAQ:LMB) reported first quarter results in line with internal expectations for total revenue and adjusted EBITDA, but gross margin and net income declined sharply due to the integration of Pioneer Power and lower project write-ups compared to the prior year. Data center market activity accelerated, comprising 27% of bookings and driving new project wins, including a contract valued over $30 million. Management reaffirmed robust full-year guidance and highlighted strategic investments in sales enablement and vertical market teams to sustain revenue momentum and margin enhancement efforts.
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