Strip District con­trac­tor Lim­bach Hold­ings posts loss

Pittsburgh Post-Gazette - - Business -

Strip District con­trac­tor Lim­bach Hold­ings re­ported a third-quar­ter loss, as the costs of re­deem­ing pre­ferred stock out­weighed ris­ing rev­enue and op­er­at­ing in­come. The com­pany re­ported a loss of $868,000, or 12 cents per share, on rev­enue of $121.3 mil­lion vs. earn­ings of $1.7 mil­lion, or 28 cents per share, and rev­enue of $91.9 mil­lion in the year­ago quar­ter. The 2016 pe­riod re­sults re­flect Lim­bach’s per­for­mance from July 20, 2016, when the com­pany went public, to the end of the third

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