Comstock Homebuilding (CHCI) Reports Q1 Loss of $0.08

Comstock Homebuilding (NASDAQ: CHCI) reported Q1 EPS of ($0.08), versus $0.03 reported last year. Revenue for the quarter came in at $8 million, versus $11.6 million reported last year.

Net new orders of homes totaled 32 for the three months ended March 31, 2014 compared to 33 in the same period last year. Backlog totaled 41 units (representing $18.5 million in revenue) as of March 31, 2014 compared to 21 units (representing $9.2 million in revenue) as of March 31, 2013. Average backlog price increased to $452,000 from $439,000 in the same period last year.

For earnings history and earnings-related data on Comstock Homebuilding (CHCI) click here.

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