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  "documentTitle": "Limbach Holdings, Inc. (LMB)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2025-07-22 00:00:00",
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      "text": "At 0.4% of gross A/R, Limbach's allowance for credit losses is among the lowest relative to peers, which may be inflating the Company's reported earnings.",
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      "text": "Source: Spruce Point analysis. Note: GDI figures translated into US$.",
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      "text": "Limbach's Allowance For Credit Losses Appears Insufficient",
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