Limbach Holdings, Inc. Provides Earnings Guidance for the Year Ended December 31, 2020
February 09, 2021 at 04:01 pm EST
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Based upon preliminary estimates and information available Limbach Holdings, Inc. estimates that it will have a range of between approximately $560 million and $570 million in revenue for the fiscal year ended December 31, 2020.
Limbach Holdings, Inc. is an integrated building systems solutions company. The Company partners with the owners and facilities managers who have mission-critical mechanical, electrical, and plumbing infrastructure. The Company operates in two segments: General Contractor Relationships (GCR), and Owner Direct Relationships (ODR). The GCR segment manages new construction or renovation projects that involve primarily mechanical, plumbing, or electrical services awarded to the Company by general contractors or construction managers. Through the ODR segment, the Company performs owner direct construction projects and/or provides maintenance or services primarily on mechanical, plumbing or electrical systems, building controls and specialty contracting projects direct to, or assigned by, building owners or property managers. The Company works with six vertical markets: healthcare, industrial and manufacturing, data centers, life science, higher education and cultural and entertainment.